Leaving a Legacy Investments

Closed Deal

Hickory Gardens

A 48-unit affordable housing property in Hickory, NC!

Hickory Gardens interior living area
Hickory Gardens exterior view
Hickory Gardens unit interior

What Makes This Deal a Winner

Here's a closer look at the numbers behind this successful multifamily investment.

25%+

IRR

Expected annual return after factoring in time and cash flow — generating exceptional returns while building solid equity.

14%

Cash-on-Cash

Cash return on initial investment each year — signalling stable, predictable income for our investors.

2.1×

Equity Multiple

Over 5 years, every dollar invested is projected to more than double — turning $1 into $2.10 by end of period.

Deal Breakdown

Combining these elements creates a strong, passive investment opportunity that produces real returns and sustainable growth.

$3.5M

Purchase Price

Acquisition cost of the property

$226K

CapEx

Upgrades & improvements for long-term value

$420K

Soft Costs & Reserves

Legal, inspections & contingency reserve

$2.2M

Financing

Loan secured to maximise cash flow

$1.3M

Equity

Investment from us and our investors

This deal is a great example of how multifamily investing can generate consistent income and wealth, all with a hands-off approach!