The Centennial
Single Family
3
2.5
1893
Sqft
2013
Sold - Investment Complete
$285,000
Purchase Price
$351,000
Sale Price
10/28/2024
Investment Closed
66.7%
Property Leverage
$10.00
Initial Share Price
$12.02
Final Share Price
Overall Returns
34.7%
Gross Returns
14.5%
Gross Dividend Returns
20.2%
Gross Appreciation Returns
3 years
Length of Investment
11.2%
Average Annual Returns
4.7%
Average Annual Dividend Returns
6.5%
Average Annual Appreciation Returns
Investment Thesis
Our investments team liked this home for it's open floor plan and large attractive backyard to attract renters. Another plus was The Centennial's proximity to Charlotte - home to Bank of America, Truist Financial, Honeywell, and Lowe's along with many other Fortune 1000 companies.
Sale Criteria
- •Significant appreciation observed
- •No major repairs or tenant issues since purchase
- •Vacant property due to completed lease
Property History
The Centennial has paid back investors, delivering a 34.7% gross return over a 3.0 year investment period. All investors have been paid to their Arrived Cash Balances.
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Check out The Single Family Residential Fund, which includes properties in similar markets. Plus, your investment in the fund instantly diversifies you across the entire country!
Other Questions?
$118,300
Invested
100%
Funded
154
Investors