Fund II
Waterstone at Green River
Evansville, IN
130
Units
16.2%
Targeted IRR
2.03x
Targeted Equity Multiple
Highlights:
- Operational efficiencies with two sister properties
- Immediate cost reduction in payroll & marketing costs
- High growth corridor
- New Costco in proximity
- Easy access to I-69
Metrics:
- Total Square Footage: 130,825
Year Built: 2016
Class: A