Investment Overview
- Total Investment: $50K
- Description: Acquired as part of a blind investment pool designed to
maximize risk-adjusted returns in an overlooked yet rapidly appreciating
Indianapolis market.
Investment Strategy
- Acquisition: Identified a highly motivated seller in one of Indianapolis’s
most sought-after neighborhoods, just blocks from The Bottleworks
District. Negotiated a steeply discounted purchase price relative to recent
comps, capitalizing on the seller’s need for a quick closing. - Value Creation: Acquired a rare single-family rental in a predominantly
multifamily neighborhood, creating strong tenant demand. The property
received seven qualified applications within 24 hours of an open house.
The purchase was strategically timed before Phase II of The Bottleworks
District construction, leading to significant property appreciation as
demand surged post-completion.
Key Results
- Occupancy Rate Increase: 97%
- Entrance Gross Yield on Cost: 9.0%
- Exit Gross Yield on Cost: 8.0%
- Investor Returns: 22.0% IRR | 2.0x Equity Multiple
Conclusion
This investment exemplifies Strand Capital’s ability to execute opportunistic
acquisitions in high-growth markets. By leveraging market insights, precise
timing, and strong negotiation tactics, we secured a premium asset at a deep
discount, swiftly stabilized it, and positioned it for long-term appreciation. The
result: a high-yield, best-in-class execution that delivered exceptional returns
while capitalizing on a transformative neighborhood development.
Figures shown exclude transaction fees, taxes, and related expenses. Past performance does not indicate future results. Please see our Terms and Conditions
