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City Park, Atlanta, GA

Hard work is paying off and we are thrilled to be expanding our footprint in the Atlanta area yet again. City Park is a beautiful 208 unit B-class asset located in a growth area of Atlanta with solid rent upside from improved management. 

Highlights:

  • Currently achieving $200-400/mo rent bumps
  • Projected returns 10-12% COC and 15-18% IRR
  • Opportunity to address deferred maintenance items and bring the property back to A-class
  • Closing late October 2022

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Esplanade, Orlando, FL

This beautiful 2008 built B-class property sits right in the path of progress in one of the hottest job growth markets in the country. With replacement costs running close to $300k/door, this value-add deal brings the opportunity to share in Florida's upside at a price that provides real cash flow!

Highlights:

  • Ability to provide A-class finishes at $300-500/mo lower than newer properties in the area
  • Projected returns 10-12% COC and 16-19% IRR
  • Rent upside $400-600/mo
  • Closing late October 2022
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Marbach Park, San Antonio, TX

On the west side of San Antonio, TX where growth is exploding, this property sits in one of the last remaining "affordable" sections of town.  Not for long.  You won't find mid-80s vintage in a top growth market for $92k/door very often.  There's a lot of work to do here but the upside is tremendous.

Highlights:

  • Huge management upside
  • Projected returns 11-13% COC and 16-19% IRR
  • Rents $400/mo below next level comps
  • Closing mid September 2022
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Class-A Development, San Antonio, TX

With population growth leading the nation and median household income at over $120k, we are ready to break ground on our next ground-up development deal in San Antonio, TX.  With 70+ acres of opportunity, this will be three phases and multi-use space.

Highlights:

  • Projected 20-25% IRR
  • 15% Preferred Return
  • Mixed-Use With Hotel, Restaurant, Cafe, etc
  • Prime Location
  • Luxury Amenities
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Avenue33, Stockbridge, GA

After nearly two years and many offers, we're excited to be expanding our footprint in the Atlanta area.  This B-class property sits in an up-and-coming area with tremendous job growth and the potential to achieve A-class rents with property management.

Highlights:

  • Currently achieving $200-400/mo rent bumps
  • Projected returns 10-12% COC and 15-18% IRR
  • Opportunity to address deferred maintenance items and bring the property back to A-class
  • Closed July 2022