Investments

1
Assets under management
$ 0
Assets Invested In

reflects fractional ownership interests

Property Details

The Park At Blanding in Orange Park, a suburb of Jacksonville Florida. This 117 unit value-add property sits on 13.29 acres of land offering multiple exit strategies.  

Deal Highlights

Excellent value add opportunity to renovate 80% of the units in just over two years.  

This property presents a substantial opportunity to add value through interior and exterior renovations, bringing rents to market comparables, and by implementing operational efficiencies by combining our other Jacksonville properties under one property management company.

Property Details

San Marco Village consists of 106 units in the historic San Marco Area of Jacksonville, Florida. Minutes away from downtown.

Deal Highlights

Excellent value add opportunity to renovate 80% or more of the units during the hold period. This property presents a substantial opportunity to add value through interior and exterior renovations and implementing operational efficiencies.

Unit rents at purchase are below the current market value. Post-renovation rent increases vary  based on floor plan and location.

alabama

Property Details

Two adjacent properties – 264 and 129 units, built in 1984 and 1986.

Deal Highlights

Excellent value add opportunity purchased off-market at a low basis from a distressed seller.

The properties present a substantial opportunity to add value through interior and exterior renovations and implementing operational efficiencies by combining both properties under one brand.

At takeover this portfolio was a dismal 57% occupied with rents below market. 

12

Property Details

A two property portfolio in Jacksonville Florida – Lansdowne Crossing 96 units and Southwood 89 units.

Deal Highlights

Excellent value add opportunity to renovate 80% of the units in just over two years.  

The properties present a substantial opportunity to add value through interior and exterior renovations, bringing rents to market comparable’ s, and by implementing operational efficiencies by combining both properties under one property management company.

Property Details

Stonleigh Apartments consist of 156 units in Leavenworth, KS within the Kansas City metro.

Deal Highlights

The properties present a substantial opportunity to add value through interior and exterior renovations and implementing operational efficiencies.

All unit rents at purchase are well below market. Post-renovation rent increases vary  based on floorplan. Our target rents HAVE BEEN ACHIEVED at our partners first property in the market (acquired Q1 2020) 2 miles away.

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