SOLD! 237 Units Phoenix, AZ - 3x Returns
We have a huge announcement to make. On Friday, GenWealth Capital completed the sale of The Flats at 2030, our 237-unit Phoenix, AZ multifamily asset.
We'd like to thank our investors for having faith in our team during a 3 year hold period that faced significant challenges such as COVID-19 and losing 24 units to fire with subsequent reconstruction.
The adversity faced during this deal battle-tested both passive and active partners and will undoubtedly make us all better investors. We pushed through and reaped the rewards with the following returns:
- 3.1 Year Hold
- 81.8% Avg. Annual Return
- 50.11% IRR
- 259% Total Return
- 3.59 Equity Multiple
If you had invested $100,000 three years ago, we effectively returned your $100,000 and distributed another $259,000 of profit.
If you'd like access to our next opportunity and haven't booked a call with our team, press the button below.
Best,
Ryan Johnson
CRNA at Memorial Hospital at Gulfport
2yCongratulations!
🏠 Real Estate Investor | 🏢 Commercial RE Syndicator | 💸 🕐 Helping Busy Professionals Like You Passively Invest In Real Estate at Noblivest
2yNice one! Congratulations Ryan! 🔥🎉
Medical Safety Leader Anesthesiologist
2yCongrats
CEO at DPI Anesthesia
2yCongrats! Strong work there.
Congratulations 👏👏👏💪👊