Rainier Ravine
Seattle, WA
Opportunistic ground-up development with a 15-month hold, delivering 30% AAR and 28% IRR. Strong returns achieved in a short timeframe.
PERSONAL
GUARANTY
STRONG MKT
FUNDAMENTALS
LEVERAGING
OPERATIONAL
EXISTING MODEL
Gold Multifamily has acquired a newly built 24-unit apartment in the thriving rental market of Spokane Valley, WA. Leveraging its Gold Standard Operating Model, the company will optimize expenses, maximize occupancy, and enhance rental rates. Additionally, new income streams, such as covered parking, will be introduced to further boost returns.
929 NSF
57% LTV
BUILT IN 2023
PERSONAL
GUARANTY
STRONG MKT
FUNDAMENTALS
LEVERAGING
OPERATIONAL
EXISTING MODEL