San Antonio, TX
Peanut Factory Lofts is a 102-unit new construction Class A multifamily investment opportunity strategically located in the rapidly growing San Antonio urban core. The historic building is located in close proximity to downtown San Antonio, employment opportunities, downtown UTSA university campus and entertainment facilities.
Clear Point Gardens is a 604-unit Class B/C apartment community in Columbus, Ohio. The property is located just 10 minutes away from the new Class A Easton Town Center, a 1.65 million sq. ft. upscale shopping mall attracting over 22.5 million visitors per year. The neighborhood is seeing a rejuvenation driven by the Easton Town Center. A brand new $20M Kroger’s grocery store which will employ 300 employees opened in October 2016 adjacent to the property.
San Antonio, TX
Villa Espada is a new Class A property located in the rapidly growing San Antonio Metro area. Located just one block from the Mission del Lago golf course and minutes from the Toyota Manufacturing Plant, CPS Energy Plant, Brooks City-Base and the growing Texas A&M University – San Antonio campus.
Vineyard Trace is a 238-unit Class B apartment community in a Class B neighborhood of Houston, Texas. The property is located in the Champions East submarket in Houston. The property offers a great value-add opportunity by implementing interior upgrades.
Timber Oaks Apartments is a Class A property and was the newest residential apartment complex in Midlothian at the time of acquisition. Located in a bedroom community just 20 minutes south of Dallas, the property offers luxurious amenities but rents were well below market value, providing an opportunity for excellent profit growth.
Copper Mill Apartments is located in a Houston sub-market experiencing robust occupancy and rental growth. Modest interior upgrades yielded strong upsides of $75 in rental price.
Eastfield Plaza is a 216-unit value-add Class C apartment complex located in Mesquite, Dallas County, Texas. The property is undermanaged with current rents being on average $100 below market. Tenants are not charged for cable, water, trash, gas or pest control, which provides an additional opportunity to increase revenues. The DFW metro area is undergoing strong effective rental growth of 7.7% as of Q3 2016.
Tree House Apartments offered an attractive investment opportunity with a high-growth location, a leading share of the rental market, and strong upside income potential with the implementation of minor upgrades.