Our Knowledge and Effort is your Success!
Vicksburg, MS
Cannongate is a 80 unit, $4.5M property located in Vicksburg, MS., purchased in 2021. Since purchase, the property has exceeded expectations. It is generating double digit Cash on Cash returns to Investors. Rents are up 4.7% and Expenses are down 2.5%.
Vicksburg, MS
The Vicksburg Portfolio is a 2 property, 240 unit, $11M, Value-Add effort. Purchased off-market in 2022, we are executing a property improvement program and successfully raising rents approximately $300/month. We are targeting Preferred Returns from 7% (class B shares) to 10% (class A shares) to Investors.
Discover the Power of Passive Investing in Commercial Multifamily Real Estate
© 2023 Penn Equity Management, LLC - All Rights Reserved
reply@penn-equity.com
215-804-9110
1064, 1210 Bethlehem Pike
North Wales, PA 19454