We are currently in the process of purchasing two value add properties in Hickory North Carolina.
The first property consists of two 12 unit buildings, 24 one bedroom apartments. Built-in 2001 by the current owner, this property has been well maintained. Occupancy is currently at 100%.
The second property consists of one 18 unit buildings and one 12 unit building totaling 30 units. 10 efficiency units and 20 one bedrooms units. Occupancy is currently at 100%.
Investors receive 50% equity with projected average returns of 8% to 15%.
