Driftwood Apartments

$6,000,000

Location: Corpus Christi, TX

101
C
Active

Investment Details:
• 506C (Accredit Investors)
• Purchase Price: $6,000,000
• Min Investment: $50,000
• Asset Class: C (1948 build and renovated in 2021-2022)
• Units: 101
• 5 Year Hold

Proposed Returns:
• IRR: 15-16%
• CoC: 19%-21%
• Equity Multiple: 1.9x-2.1X

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