Gross Internal Rate of Return (IRR): 44.8%
Bradley Square Apartments was a multifamily property built in 1971, comprised of 1-and 2-bedroom floor plans with a total of 160 units and a gross rentable area of 131,655 SF.
In less than three years of hold, Cohen Investment Group implemented a select value-add capital expenditure program to improve interior and exterior facets of the property to increase rents and net operating income.
Cohen Investment Group acquired this property on April 1, 2019 and sold it on December 30, 2021.
Please give us a call or send us a message if you have any questions or would like to learn more about investment opportunities at CIG.