Laurel Park
Largo, Florida
EXAMPLE
SOLD
Project Highlights
- Holding period of 3 years
- Reduced operating expenses and increased rents
- IRR: 19.5%
- Purchase date: 2017
- Number of units: 32
- Implemented interior and exterior renovation
- Expenses of egi before purchase: 70%
- Expenses of egi before sale: 40%
- Increasedincome during the holding period: 19%
- Increased rents: 19%
- Increased noi: 253% Sale date: 2021