Silverlake
LOCATION: Buffalo, NY
FUND: I
STATUS: Held
UNITS: 60
Silverlake
Highlights:
Year Acquired: 2019 –
Purchased Price: $2,250,000
Equity: $2,250,000.00
Sale Price: $4,700,000.00
Number of Units: 60
Total Appreciation Of Property
73%
Annual Return
70%
The 60-unit complex is a well-kept property in Niagara Falls, NY. Acquired in 2019, Silver Lake currently provides a +65% IRR. Rents have grown by nearly $300 since acquisition.
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