Investment Overview
- Total Investment: $55K
- Description: Joint venture with a high-net-worth investor to source, acquire, manage, and successfully exit a single-family rental property in Indianapolis.
Investment Strategy
- Acquisition: Targeted high risk-adjusted investments near downtown Indianapolis. After evaluating multiple properties in Fountain Square, we identified five viable options and initiated negotiations. Successfully secured a price reduction and seller credit to cover necessary repairs.
- Value Creation: Implemented strategic, high-impact renovations—including fresh paint, new flooring, and deferred maintenance—to enhance the property’s appeal and rental value. The property was listed and occupied within 60 days of acquisition.
Key Results
- Occupancy Rate During Investment: 92%
- Entrance Gross Yield on Cost: 9%
- Property Valuation Appreciation: +22%
- Estimated Returns: 22% IRR | 1.8x Equity Multiple
Conclusion
This investment exemplifies Strand Capital’s ability to identify undervalued assets, execute strategic renovations, and drive strong financial performance. By leveraging data-driven acquisition strategies and hands-on asset management, we transformed a distressed property into a high-performing rental, delivering significant value appreciation and above-market returns for our investors.
Figures shown exclude transaction fees, taxes, and related expenses. Past performance does not indicate future results. Please see our Terms and Conditions
