Fund I

Marquis Crest

Lithonia,

GA

Total Required Equity
$2,768,000
Asset type
Multifamily
Investment Objective
Growth
Realized IRR
26%
Hold Period
5 Years
Investment Date
1/31/2012

Investment Summary

Marquis Crest was a two-building, 300-unit, Class B garden apartment community built in 1972. The property was located in Lithonia, GA, a middle-class community approximately 15 miles east of downtown Atlanta, with great access to I-20 and the full-interchange at Panola Road less than a half mile away. Our business plan was to improve management and complete interior renovations on the units.

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