Our Portfolio
Total Units
%
Avg. Return on Investment
Invested
Invested
2021 was a huge year and we have only just begun.
FONTAINEBLEAU, FLORENCE, AL
INVESTMENT DETAILS
The Purchase
Asking Price $2,000,000
Purchase Price $1,900,000
Unit Mix
1Bd / 1Ba 8 Units
2Bd / 1Ba 12 Units
3Bd / 1Ba 4 Units
Total Units 24 Units
Investment Info
Investment Period 5 years
Capital Raised $675,000
Business Plan
Current: Rents @ 16% Below Market
Plan: Raise Rents to Market
Current: Mismanaged Property
Plan: Place New Property Manager
Current: High Utility Cost
Plan: Use Low Flow Fixtures and Lower Electricity Consumption
Projected Returns
Internal Rate of Return (IRR): 15%
Return on Investment 95%
Average Annualized Return (AAR): 19%
CLEARWATER MANOR, MYRTLE CREEK, OR
INVESTMENT DETAILS
The Purchase
Asking Price $3,200,000
Purchase Price $2,800,000
Unit Mix
1Bd / 1Ba 11 Units
2Bd / 1.5Ba 54 Units
3Bd / 1.5Ba 6 Units
Total Units 71 Units
Investment Info
Investment Period 7 years
Capital Raised $816,000
Business Plan
Current: Mismanaged Property (Tired Owner)
Plan: Place New Property Manager
Current: High Vacancy, Low Rents
Plan: New PM to Assist with Turns
Current: High Loss to Lease
Plan: $1.2 Million Budget for New HVAC, Clean up Exterior, Renovate Interiors, Remove Tenants Delinquant in Rents
Projected Returns
Cash on Cash 5-7%
Internal Rate of Return (IRR): 15%
Return on Investment 95%
Average Annualized Return (AAR): 19%
COUNTRY CLUB APARTMENT HOMES
HOUSTON, TX
Investment Info
Target IRR 17.5%
Preferred Return 12%
Target Equity Multiple 1.85x
Anticipated Return 65%
Total Units
134 Units
Selarom Properties
Investors Focus on Family & Community, while Selarom focuses on building wealth and tax.