Case studies

Cielo at Lanier

MULTIFAMILY

Upon acquisition, Cielo at Lanier underwent a comprehensive renovation and rebranding strategy. We focused on enhancing the property's curb appeal, upgrading common areas, and renovating unit interiors to attract higher-paying tenants.

Our diligent property management team streamlined operations, leading to improved tenant satisfaction and increased collections. By leveraging strategic marketing and an improved tenant experience, we significantly enhanced the property's value, resulting in an outstanding equity multiple and impressive IRR.

Track record


Cielo at Lanier

Location Gainesville, GA

Project Details 66 units

Equity Multiple 2.5x

Purchase date October 2021

Sale date November 2022

Holding period 17 months

Sale price $8,250,000

Purchase price $19,108,000

IRR. 87.1%

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