OUR PORTFOLIO

WE PROVIDE QUALITY HOUSING, A FRIENDLY ENVIRONMENT AND PROMOTE AN ENJOYABLE LIVING EXPERIENCE TO ALL RESIDENTS WITHIN OUR COMMUNITIES.

863+ UNITS CLOSED YTD 2021

JENNINGS APARTMENTS

OHIO

Purchase price: $5M

Refi Appraisal: TBD

Size: 113 units (mix of large 1/1, 2/1 and 2/1.5 townhomes)

Rent Escalation: From around $550/month to $700-800/month

 

Jennings was purchased as three separate transactions, bringing together 3 separate portfolios into one. Renovations included, full unit renovations, parking lot repair, exterior deck renovations, window replacements, and new property management.

WOOD STREET APARTMENTS

OHIO

Purchase price: $1.25M

Refi Appraisal: TBD

Size: 40 units, 1/1

Rent Escalation: From $395/month to $575/month

 

Wood Street is an exciting recent acquisition as of June 2021. It is undergoing major renovation and additions, including: new roof and parking lot, 30 units fully renovated, new vinyl flooring, updated security systems on all entry ways, new windows (88) and doors, updated laundry facility, renovated common areas, and full tenant turnover.

 

With only a few months under its belt, 30 out of the 40 units will be renovated by the end of September 2021.

ORCHARD APARTMENTS

OHIO

Purchase price: $1.7M

Refi Appraisal: TBD

Size: 38 units, 1/1 & 2/1

 

Orchard is a recently acquired property, as of July 2021. With 22 out of the 38 units renovated, extensive exterior landscape additions, including 45' tree removal, and 4 parking lots resealed and striped, Orchard is quickly becoming one of the our most exciting projects. 

BROOKSIDE APARTMENTS

OHIO

Purchase price: $1.7M

Refi Appraisal: $2.85M

Size: 48 units renovated in 12 months

Rent Escalation: From $495/month (1/1) and $550/month (2/1) to $625/month (1/1) and $725/month (2/1)

 

Brookside was acquired in 2019, undergoing extensive renovations, including: 6 common hallways, 136 windows replaced (covering the entire complex), 4 parking lots resealed and striped, new laundry facility, 12 new exterior security doors, 12 new decks built, exterior landscaping package, and new property management in place.