The Lark Case Study
Current Key statistics
Purchase Price
$18,725,000
Purchase Date
June 30, 2022
Acquisition NOI
$715,000
Acquisition Revenue
$1,177,000
$1,068/Month
Acquisition Avg. Rent/Unit
16% / 3.34x
Trended IRR and MOIC
Number of Units
96
Target Hold Period
10 Years
$1,437,000
Stabilized NOI
$2,082,000
Stabilized Revenue
$1,730/Month
Stabilized Rent/Unit
$174/Month
Other Unit Revenue
