Scotland Arms Apartments
Actual Investment IRR
70%
Actual Investor IRR
28%
Actual Hold Period
0.8 Yrs
Located in Laurinburg, NC, which is part of the Fayetteville metro area (one of the fastest growing areas in the state), this apartment complex significantly helped a local community in need of investment. At purchase, the tenants of this complex didn't even have adequate heating sources and had a roof that constantly leaked. In the course of our ownership, we were able to change the lives of each of those tenants - and were able to generate an equity multiple 1.3x in just one year. Most importantly, we completely changed the lives of those tenants and improved the local community.


