PAST PROJECTS
Cooper Street Apartments and Townhomes
Pennsylavania
Cooper Street Apartments is situated in Slippery Rock, Pennsylvania and is 45 minutes away from Pittsburgh. There has been tremendous growth in the Pittsburgh market as fast growing tech-businesses and medical institutions are located here.
Property Highlights
- Consists of 60 units
- 100% Occupancy
- Property was well maintained with strong rent collection
- Strong rental market
Target Returns
- Equity: 30%
- IRR: 16%+
- Preferred Return: 10%
- Cash on Cash: 13 -18%
- Average Break Even Occupancy: 64%
