Edward is a native of North Carolina and holds an MBA from Queens University-Charlotte. He has over 25 years of leadership and management experience in supply chain and operational functions. Edward’s current portfolio consists of a total of 49 doors, two 16 units and a 13 unit. We are actively searching the NC and SC markets for value-add properties ensuring efficient management and operations for superior profitability.
Address: Ridgewood Greenville NC
Number of Units: 16
Value Add Deal? Yes
Purchase Price: $645,000
Estimated monthly increase projected? $50/unit
Anticipated value after value add: $850,000
Estimated Cash on Cash Return: 9%
Estimated Internal Rate of Return: 15%
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