Gross Internal Rate of Return (IRR): 34.8%
The Taylor Apartments was a 116-unit multifamily community situated on 10 acres in Cobb County, a desirable northwest perimeter area of Atlanta, GA.
This asset was built in 1970 and underwent full renovations in 2016. The Taylor Apartments featured market-leading upgrades among a highly marketable unit mix of 1-, 2- and 3-bedroom units.
During the 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 May 8, 2018 and sold it on July 23, 2021
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