Property Id : 5405
Date Of Acquisition: June 2012
CIty: Koreatown, CA
Type Of Property: Multifamily
Only 85% occupied and in need of significant improvement and hands-on management, Quest was able to increase the property’s performance and occupancy and stabilized the property up to consistent 94%-100% occupancy resulting in a 49.5% internal rate of return.
To understand our approach, we invite you to read the case study which includes specific details such as acquisition costs, financing, improvements, and resale of the asset.