Overview

Asset class Real Estate
Property type Residential
Current value $35,600,000
Acquisition price $31,800,000
Total appreciation $3,800,000
Rental yield 8.5%
Occupancy rate 94.0%
Fund
FNTVS Income eREIT

Performance

+11.9% Total Appreciation
$3,800,000 Appreciation Value
$3,010,000 Annual Rental Income
8.5% Rental Yield
Property Value Performance
Acquisition: $31,800,000
Current: $35,600,000
Total Appreciation: +12.0%
Holding Period: 32 months

Financial Details

Investment Overview
Acquisition price $31,800,000
Current market value $35,600,000
Total appreciation $3,800,000
Appreciation percentage +11.9%
Cash Flow Analysis
Annual rental income $3,010,000
Operating expenses $1,020,000
Net operating income $1,990,000
Net cash flow $1,990,000
Rental yield 8.46%
Cap rate 5.6%
Cash-on-cash return 6.26%
Risk Metrics
Debt-to-value ratio 0.0%
Occupancy rate 94.0%
Holding period 32 months
Return Breakdown
Rental income yield 8.5%
Appreciation contribution 11.9%
Cash yield 0.0%
Total return 20.4%

Property Information

Basic Information
Property type Residential
Property class Class A
Location Savannah, GA
Acquisition date Oct 3, 2023
Status Sold
Income producing Yes
Physical Characteristics
Total square footage 188,500 sq ft
Rentable square footage 188,500 sq ft
Number of units 104
Number of floors 2
Year built 2025
Price per sq ft $188.86
Investment Strategy
Strategy type Development
Projected exit date Oct 2032
Fund ownership 100.0%
Key Metrics
Cap rate 5.6%
Cash flow $1,990,000
Debt-to-value 0.0%
Units 104
Square footage 188,500 sq ft
Rent per sq ft $15.97/yr
Investment Thesis

FNTVS invested in Cottonvale Towns Savannah to capitalize on the rapid economic and population growth occurring throughout the Savannah region, particularly due to the expansion of the Port of Savannah, manufacturing investment, and large-scale logistics development across coastal Georgia. The property fits FNTVS‘s broader Sunbelt residential strategy focused on build-for-rent housing communities that provide suburban-style living at a lower cost than homeownership. As housing affordability challenges continue and migration into Southeast growth markets accelerates, professionally managed townhome rentals are expected to experience strong demand, stable occupancy, and long-term rent growth. The property’s location near major employment hubs and transportation infrastructure positions it to benefit from Savannah’s continued economic expansion and demographic growth.

Location

150 Cottonvale Boulevard

Savannah, GA 31407, US

Full Address

150 Cottonvale Boulevard
Savannah, GA 31407

Property Type

Residential - Class A

Year Built

2025

Property Size

188,500 sq ft

Amenities & Features

Property Amenities

Attached garages
Community green spaces
Smart home technology packages

Key Investment Features

Build-for-rent townhome community
Located near Savannah logistics and port corridor
Modern Class A suburban housing product
Family-oriented multi-bedroom floor plans
Positioned within a high-growth Sunbelt market
Professionally managed residential community

Our strategy

Real Estate Investment Strategy

Build a diversified portfolio of institutional-quality real estate assets that generate stable income and long-term appreciation

  • Expected variability of return: Low to Moderate
  • Timing of expected return: Quarterly distributions from rental income
  • Primary expected source of returns: Rental income and property appreciation
  • Asset focus: Income-generating properties in growing markets
  • Geographic strategy: Diversified across major metropolitan markets
  • Property management: Professional third-party management with institutional oversight
More about our real estate strategy

This section is intended to provide a general overview of the investment strategy for educational purposes only, and is not meant to be representative of the specific details of any individual investment. All investments involve risk; there are no guarantees of any returns.

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