The Bristol

Elkhart, Indiana

• Date Purchased: September 2018
• Building Mix: 84 Units Consisting of 12 3-beds, 57 2-beds and 15 1-beds
• Purchase Price: $1,800,000 + $3,400,000 rehab budget
• Return: 7.9% CAP Rate and 17.5% cash-on-cash return on originally invested equity
• Notes: 100% of investor capital returned within 22 months of initial acquisition