Village at Olive Marketplace
Proforma ReadyGlendale, AZ
CTG · 208 units
Financial Metrics
Purchase Price
$62,400,000
IRR
15.79%
LP IRR
14.81%
MOIC
1.77x
Equity
$17,846,400
Yr 1 NOI
$2,168,746.611
Debt
$44,553,600
LTC
70.00%
Unit Mix
| Type | Count | Avg SF | Market Rent | Rent/SF |
|---|---|---|---|---|
| 1BR/1BA | 70 | 680 | $1,537 | $2.26 |
| 2BR/2BA | 118 | 1,011 | $1,915 | $1.89 |
| 3BR/2BA | 20 | 1,282 | $2,463 | $1.92 |
| Total | 208 | |||