Sold
Woods of Ridgmar
Data by Year: 2022
* on $100,000 investment
| Projected Annual Return*: | $8,000 |
| Quarterly Dividend Amount*: | 2019 |
* on $100,000 investment
| Projected Annual Return*: | $8,000 |
| Annual Disbursements Paid*: | $5,000 |
| Quarterly Dividend Amount*: | 2018 |
- Q1$1,250
- Q2$1,250
- Q3$1,250
- Q4$1,250
# Q1 was prorated preferred returns based on closing.
* on $100,000 investment
| Projected Annual Return*: | $8,000 |
| Annual Disbursements Paid*: | $6,250 |
| Quarterly Dividend Amount*: | 2017 |
- Q1$1250
- Q2$1500
- Q3$2000
- Q4$1500
Quarterly Dividend Amount*: 2019
* on $100,000 investment:
Projected Annual Return*: $8,000
Financial Data
Close Date: 01-Dec-2016
Exit Date: N/A
Purchase Price + Cap Ex: $17,600,000
Raise Amount: $5,340,000
Minimum Investment: $75,000
Projected Hold Period: 4-6 Years
Actual Hold Period: N/A
Preferred Return: 8-10 %
Projected Avg Annual Return: 18.40 %
Actual Avg Annual Return: N/A
Projected IRR: 15.70 %
Actual IRR: N/A
Loan Amount: $13,500,000
Loan Rate: 4.75 %
Property Facts
Property Type: Multifamily
Year Built: 1968-1969
Building Size: 208,990 Sqft
Lot Size: 10 Acres
Number of Buildings: 35
Number of Tenants: 235