Gross Internal Rate of Return (IRR): 23.6%
Magnolia Trace Townhomes, formerly known as Medical Part West Townhomes, consisted of 44 units located in the growing market of Greenville, NC.
During the just over five years of hold, Cohen Investment Group implemented a select value-add capital expenditure program to improve interior and exterior facets of the property.
Cohen Investment Group acquired Magnolia Trace Townhomes on March 1, 2016 and sold it on July 20, 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.