Project Description
Acquisition and renovation of a 36-unit apartment building, with a swimming pool and a new courtyard. All apartments were furnished with central A/C, a new kitchen and more. The building was sold as an income-generating property.
Year launched
2014
Equity raised
$1,320,000
Expected duration
18 Months
Actual duration
23 Months
Achieved annual return
20.00%
About the neighborhood
Satellite Beach is a town located in Brevard County, with a population of over 500,000 residents and located about a 40-minute drive from Orlando. The town is well-known for its beautiful beaches.
About the developer
Crown Holdings Group is a leading group, owning several subsidiaries, one of which specializes in Multi Family properties in South Eastern US. Company executives offer over 30 years of experience in the planning, construction and maintenance field.
The opportunity
Acquisition and renovation of a 36-unit apartment building, with a swimming pool and a new courtyard. All apartments were furnished with central A/C, a new kitchen and more. The building was sold as an income-generating property.
Other projects by the developer
North Charleston Center, Charleston, South Carolina
Equity raised $2,790,000
