Skyland Pointe

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Projected IRR

50%

Project Hold

2 Years

Year Acquired

2025

Located in an extremely favorable market, Skyland Pointe has extremely high return potential.  Built in phases that range from the 1970s through the 1990s, this extremely well-maintained gated complex offers a full range of amenities such as tennis courts, clubhouse (pool tables, lounge, etc), and pools.  Tuscaloosa, AL (where the asset is located) has extremely high market occupancy due to the high population growth and very minimal new development.  That, combined with our strategic interior CAPEX plan, allows us the ability to grow rents from ~$803/unit to north of ~$1,000/unit.



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