Scenic Heights
Proforma ReadyArvada, CO
TH/SFD · 75 units
Financial Metrics
Purchase Price
$42,567,075
IRR
18.05%
LP IRR
16.13%
MOIC
1.87x
Equity
$12,174,183.45
Yr 1 NOI
$1,628,681.77
Debt
$30,392,891.55
LTC
70.00%
Unit Mix
| Type | Count | Avg SF | Market Rent | Rent/SF |
|---|---|---|---|---|
| 2BR/2.5BA/2G | 19 | 1,067 | $2,875 | $2.69 |
| 3BR/2.5BA/2G | 31 | 1,300 | $3,375 | $2.60 |
| 3BR/2.5BA/2G | 25 | 1,664 | $3,700 | $2.22 |
| Total | 75 | |||