The Landing

OPPORTUNITY BREAKDOWN

Purchased May of 2020 for 27.8mill

Sold April 2022 for 42.3mill

45.9% IRR

1.92 Multiple

The Landing exemplifies 180’s value-add strategy: buying at the right time in prime locations (acquired May 2020). The property, with tired exteriors and interiors, was ripe for revitalization to capitalize on growing rental demand. We invested a $750,000 renovation budget in fresh paint, landscaping, common area updates, and new interior finishes. Operational improvements further enhanced its appeal. The Landing’s repositioning as a market leader showcases our strategy’s effectiveness across multifamily asset sizes and classes.