Scottsdale, AZ Multifamily Real Estate Investment Opportunities
Sold Properties - Completed Business Plan
At Rise48 Equity, we are proud of our success in implementing multifamily real estate investment strategies in Scottsdale and delivering strong returns for our investors. Our Sold Property in this area reflects the dedication of our team to creating value through strategic acquisitions, hands-on asset management, and the effective execution of our business plan. This section highlights our commitment to identifying and revitalizing multifamily assets, building long-term wealth for our partners, and positively impacting the local community.
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Scottsdale 5th Ave
6405 E Indian School Rd, Scottsdale, AZ 85251
- Units 59
- Disposition Date 21-Jun-22
- Hold Period 34 Months
- Sale Price 14.115M
- Actual Equity Multiple 3.42
- Actual Internal Rate of Return 54.5%
- Acquisition Date 01-Aug-2019
- Purchase Price $6.6M
- Loan 10-Yr-Non-Recourse Agency
- Deal Structure Tenant-In-Common (TIC)
- Unit Mix 27 ST | 31 1B | 1 2B
- Projected Hold 3-5 Years
Our portfolio includes the disposition sales of 11 multifamily real estate assets. In total, we’ve completed seven 1031 exchanges, allowing our investors to defer capital gains tax from their profits.
Every single deal we have ever acquired has drastically exceeded projections.
At Rise48 Equity we strive for success by being fully vertically integrated. Our property management company, Rise48 Communities, controls all of the day-to-day operations, renovations, and teams at our multifamily apartment properties.
To learn more about our multifamily real estate investments in Arizona, North Carolina, and Texas, or how to invest in multifamily properties with Rise48 Equity, click the button below and schedule a call with us.
Helping investors like you earn passive income and generational wealth through multifamily real estate investments.
