Hillwood Manor is a 64 unit apartment complex situated on 5.38 acres in Obion County, TN in the well desired neighborhood of Peasant Valley. The apartments are well maintained and have received several upgrades over the past few years. Approximately 57,284 SF, the property is nearly 100% leased with a waiting list.

Royal Acres Investments is seeking to fully capture the value this property provides to tenants by making the following adjustments to the current operation: 

Adjust rents to market ratesSatisfy demand by allowing petsOffer rentable on-sight storage spaceAdd rental application fees
This Hillwood Manor offering provides investors competitive cash flows and infinite returns. This offering is expected to yield 11% annual returns with an 8% preferred return on investment with average Net Operating Income (NOI) of approximately $271,000 over the next five years. Returns of all invested capital are expected after 7 years.

To read more or if you’re ready to move, visit the eVest Marketplace and speak directly with the sponsor.

About the Author

Dan Summers

Dan is the Founder and CEO of eVest Technology.

During his 30-plus-year career in real estate, Summers has been instrumental in some of the nation’s largest real estate transactions. Having spent decades interfacing with Goldman Sachs, Lehman Brothers, Deutsche Bank, CBS, Westinghouse and Bank of Boston, among others, Summers has built a national reputation for integrity, honesty and transparency.

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