![Chapel Court Apartments](http://aspcommercial.com/wp-content/uploads/2018/09/100066736_hdp_chapelcourt_ext_sign2.jpg)
![Covert Avenue Duplex](http://aspcommercial.com/wp-content/uploads/2016/12/20030320.jpg)
Covert Avenue Duplex
Indiana
- 2013 Purchase Date
- 2 # of Units
- 29% Cash on Cash%
The company purchased this property in 2009 at a steep discount well below market value. This duplex property is a class B asset The property was owned by an elderly lady who only used the property for her mother to live in, when her mother passed she decided to sell.
![Mattingly Drive Properties](http://aspcommercial.com/wp-content/uploads/2016/12/56K-43_001.jpg)
Mattingly Drive Properties
Kentucky
- 2007 Purchase Date
- 8 # of Units
- 25% (2008-2012) Cash on Cash%
The company; as one of its first projects purchased this block of properties in 2007 at a discount well below replacement cost and market value based on similar well managed properties. These duplex properties are a class B assets built in 1979 by a local builder who passed away in early 2000.
![Hughes Apartments](http://aspcommercial.com/wp-content/uploads/2018/09/20170609_114122.jpg)
Hughes Apartments
Kentucky
- 2012 Purchase Date
- 16 # of Units
- 13% Cash on Cash%
Our company purchased this property in early 2012 from a local broker. The complex was in the middle of a rehab. We performed our due diligence on the area and property along with financial analysis and a deal was made with favorable terms.