The Ardin
The Ardin is a highly amenitized 179-unit luxury residential development that delivers needed product in an undersupplied submarket with high barriers to entry.
Estimated Hold Period: 5 years
LP Investor IRR: 20.2%
Project Equity Multiple: 2.7x
Untrended Yield on Cost: 6.9%
Asset Class: Multifamily Residential
Address: 2510 Good Hope Road, Glendale, Wisconsin
Total Units: 179