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Case Studies

DLP Capital Partners Loan Investment Case Study:

Loan Amount: $180,000

Location: Philidelphia, PA

Purchase Price:  $80,000

Renovation Amount:  $120,000

Loan to Cost:  90%

Asset Type: Single Family

Type of Loan: SFR Bridge

Results: When renovations were successfully completed, the value of the property increased from $80,000 to $305,000 and the borrower sold the property.

DLP Capital Partners Loan Investment Case Study:

Loan Amount: $456,000

Location: St. Petersburg, FL

Purchase Price:  $207,000

Renovation Amount:  $456,000 (New Construction)

Loan to Cost: 86.86%

Asset Type: Single Family

After Repair Value: $765,000

Type of Loan: SFR Bridge

Results: As a result of the loan, the borrower divided the property (pictured above) into three parcels and built three homes under our SFR Bridge Loan and sold all three for a total of $765,000.

DLP Capital Partners Equity Investment Case Study:

Property: Prosper Azalea City

Location: Valdosta, GA

Units:  300 Units

Description: The Prosper Azalea City (formerly Arbor Trace Apartments) is a 300-unit apartment community located in Valdosta, GA. The surrounding area includes multiple stabilized rental communities with high occupancy, a bustling commercial center, and several large employers. The community features a mix of 1, 2, and 3 BR apartments, many recently renovated and maintains a high effective occupancy (90%) and low operating cost. The rents at the community are under market by at least 15%, leaving room for an aggressive revenue strategy post close. At the same time, the community has been well-maintained and will not require significant capital improvement to bring rents to market rate. This makes it an extremely attractive investment opportunity for DLP.

Purchase Price: $11,392,500

Equity Investment: $5,900,000

Unit Breakdown:

 

 

 

Financial Overview:

Total Five Year Project Return:   23.7% Annualized IRR on an Asset Level; 2.54x Investor Equity Multiple

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