b7 Properties has a proven track record with 21 successful acquisitions of multi-family properties since its establishment. Of these, six properties have been sold, while 15 remain active. We continue to pursue multi-family acquisitions in the nine states where we currently operate, while also exploring new markets that align with our investment model. Our investors have consistently enjoyed strong returns, with average internal rates of return (IRR) exceeding 20% and annual cash-on-cash yields surpassing 8%.
36-unit apartment complex purchased in 2019 and sold in 2021. Investors achieved a 38% IRR and a 1.7X multiple on investment over the 2 year holding period.
100-112 Garden Gate Drive, Pittsburgh, PA
48-unit apartment complex purchased in 2014 and sold in 2017. Investors achieved a 70% IRR and a 3X multiple on investment over the 3 year holding period.
1 Old Colony Road, Mansfield, MA
29-unit apartment conversion purchased in 2014 and sold in 2016. Investors achieved a 40% IRR and a 1.9X multiple on investment over the 2 year holding period.
1535 Grant Street, Denver, CO
43-unit apartment complex purchased in 2016 and sold in 2021. Investors achieved a 25% IRR and a 2.2X multiple on investment over the 5 year holding period.
1450 South Reed Street, Lakewood, CO
3-family residence purchased in 2014
184 W Post Rd, White Plains, NY
50-unit apartment complex purchased in 2018 and sold in 2022. Investors achieved a 12% IRR and a 1.5X multiple on investment over the 3.5 year holding period.
225 Golden Hill Street, Bridgeport, CT
Wilton Court Townhouses
15-unit townhouse apartment complex purchased in 2018 and sold in 2020. Investors achieved a 49% IRR and a 2.3X multiple on investment over the 2 year holding period.
66 Wilton Avenue, Norwalk, CT