Our Strategy
INVESTMENT CRITERIA
- 100+ units
- Class A / B / C Multifamily Apartments
- Years Built: 1980 - new construction
- 90%+ Occupancy
- Strong opportunities to increase asset-value for appreciation through value-add strategies
- 7%+ Annualized Cash-on-Cash (CoC)
- 1.5-2.0x+ Equity Multiple (EM)
- 15%+ Internal Rate of Return (IRR)
- Median Household Income > $50k
- Population Growth > 5%+
- >200k Population
- New development and construction activity in 10-mile radius
- Nearby diversified employment opportunities
- Highly rated schools and attractions/retail hub
VALUE CREATION STRATEGIES
- Reduce expenses and optimize operations through hands-on management
- Increase net rental income with marketable interior and exterior improvements such as granite countertops, stainless steel appliances, and in-unit laundry
- Increase other income with covered parking, club house rentals, valet trash, smart home packages, and implementing rubs program, etc.
