EXITED! Oasis Clearwater 43% gross IRR, 1.8x gross equity multiple in 20 months

Skytian acquired two adjacent properties in the fast-growing Clearwater (Tampa) market Feb 2022, merging the 44 and 32 units to total 76, rebranding the community “Oasis at Clearwater”. We made strategic interior and exterior implements with minimal turnover and vacancy losses. Skytian’s first FL deal has gone full cycle, delivering value both to our investors and the community:

• Professionally renovated Interior and exteriors
• Curated and improved tenancy demographics 
• Raised rents 26%; increased NOI 26% in 20 months
• 43% gross IRR and 1.8x levered equity multiple to investors

Skytian is now working with the same local team on its 7th multifamily value-add project in Greater Tampa. To partner/invest with us kindly click here: https://skytiancapital.com/

To learn how we employ the #10Cs to generate #LegacyWealth please read our Wall Street Journal and USA Today best-selling book: Ten Commandments of Investing

All profits from #10Cs donated to charities and groups promoting financial literacy.

#10Cs #saneng #skytiancapital #multifamily #realestate #LegacyWealth