Utilizing the power of appreciation with the addition of monthly cash flow distributions, Cardone Capital is targeting a 2.5X multiple on invested capital (MOIC) through the life of the Fund.
10X Living at Panama City Beach is located in a vibrant, growing submarket supported by job growth, good demographics, and strong market fundamentals.
The city is a tourist hotspot, bringing in millions of visitors each year. This influx allows the leisure and hospitality industries to grow at a faster rate than the statewide average.
10X Living at Columbia Town Center was built in 2001 and consists of 531 units. This asset offers resort-style amenities, and highly attractive one-, two-, and three-bedroom floor plans featuring full-size washer and dryer in all units.