Multifamily Value-Add

The Hibiscus

Phoenix, Arizona | 37 Units

The Hibiscus multifamily property

Project Overview

The Hibiscus is a 37-unit multifamily value-add underwriting case study in Phoenix, Arizona.

The analysis evaluates acquisition pricing, renovation costs, rent positioning, operating performance, debt structure, exit valuation and investment returns.

The underwriting incorporates comparable properties, a detailed cash flow model, debt sizing and sensitivity analysis to evaluate the property's risk-adjusted investment potential.

Project Files

Review the complete underwriting package or download the Excel model.

View PDF Download Excel

Financial Analysis

Underwriting

Investment Summary

Hibiscus investment summary

Unit Mix

Hibiscus unit mix

In-Place Operations

Hibiscus in-place operating analysis

Stabilized Pro Forma

Hibiscus stabilized pro forma

Renovation Costs

Hibiscus renovation cost analysis

Renovation Timeline

Hibiscus renovation timeline

Yearly DCF

Hibiscus yearly discounted cash flow

Sensitivity Analysis

Hibiscus sensitivity analysis

Rent Comparables

Hibiscus rent comparable analysis

Acquisition Comparables

Hibiscus acquisition comparable analysis

Exit Sale Comparables

Hibiscus exit sale comparable analysis