Prince St

Byson Investments led a value-add project at 6060 S Prince St in Littleton Colorado. After sourcing the deal, Byson was able to renew 50% of the tenant leases, then renovated and re-lease the remaining 50% at market rates within 5 months.

Execution of the business plan resulted in a 108.74% increase in Net Operating Income in year 1, Un-levered Yield to Cost of 8.06%, and investor level IRR of 38.1% projected over a 10 year hold with conservative assumptions on both annual rent/expense growth and terminal value.