Location

Hooksett, NH

Asset Size

134 units

Date Acquired

October 2014

Deal Notes

Jones Street acquired Windsor Terrace from the original developer in a private transaction. Leveraging the Property’s strong location and impressive rental demand to achieve continuous revenue and earnings growth, Jones Street has generated annual yields to investors of ~12%. Additionally, Jones Street’s operational focus allowed for a supplemental loan financing during Year 3 of the investment hold, generating an additional ~36% return of capital to investors. Altogether, Jones Street returned over 67% to investors over the first three years of ownership, and the Property continues to generate impressive operating results.