Multifamily Townhomes located in Wichita, Kansas
Rothwell Partners are introducing an opportunity for tremendous asset appreciation thru effective asset management and rent growth in Wichita, Kansas. Completed in 2024 all units were developed to a single family home standards which make the units highly desirable when available for lease.
- Projected Five Year Annual IRR 15,50%
- Projected Ten Year Annual IRR 14,20%
- Projected Five Year Equity Multiple 31,94
- Equity Required circa $7,9M
- Sponsor activities include asset and property management including renovation and lease up management for newly acquired assets
- Sponsor with strong track record in capital formation for new real estate investments and asset management for over 150 investors
- Sponsor acted as Chairman of the Board of Directors for a Bank where he also served as the Chairman of the Audit Committee
- Developer/Sponsor committing $1m equity