Casitas at San Marcos
Proforma ReadyChandler, AZ
CTG · 256 units
Financial Metrics
Purchase Price
$97,000,000
IRR
5.19%
LP IRR
7.12%
MOIC
1.26x
Equity
$27,742,000
Yr 1 NOI
$3,321,816.957
Debt
$69,258,000
LTC
70.00%
Unit Mix
| Type | Count | Avg SF | Market Rent | Rent/SF |
|---|---|---|---|---|
| 1BR/1BA | 52 | 635 | $1,698 | $2.67 |
| 2BR/2BA | 111 | 965 | $2,054 | $2.13 |
| 3BR/2BA | 93 | 1,244 | $2,375 | $1.91 |
| Total | 256 | |||