04/01/2026
The Turner is a brand-new renovation built to stand out. The home features 8 bedrooms and 7 bathrooms, including 6 private ensuites, across 1,959 square feet of living space. It also includes an additional 1,100 square feet of finished basement space made up of four private suites. That basement square footage is not reflected in the official total due to its partial below-grade classification, but it expands the livable footprint and suite count.
This is an off-market, mogul exclusive with Year 1 underwritten income set at $63,000 and a starting cash yield of 7.94%. The Turner comes with co-living amenities designed to drive occupancy and retention, including a new parking pad and mounted TVs in every bedroom. Location-wise, it sits less than a mile from on-ramps to U.S. Route 278 and I-285, giving residents quick access to major transit corridors.
Investment Snapshot
- Levered MOIC (multiple on invested equity): 2.2x
- Year 1 Yield (pre-growth): 7.94%
- Average Yield Over Hold: 12.1%
- Annual Levered IRR: 12.2%
- Total Equity Offering Amount: $198,999
- Levered Profit: $245,416
The Turner is now open for investment exclusively on mogul. If you want exposure to a high yield Decatur PadSplit with an ensuite-heavy layout and brand new renovation, make sure you don’t miss out on this one.