Activos
Explore nuestra cartera de activos inmobiliarios comerciales y revise su rendimiento
Columbus Portfolio – 194 MF Units
Increase NOI by stabilizing NOI. Classic unit renovation and increased amenities
Property type: MF
# Units: 194
Year build: 1971
Going in CAP rate: 7.26%
CoC: 7.70%
IRR: 23.50%
EM: 2.15
Diamond Ridge Apts – 336 MF Units
Workhouse housing. NOI stabilization by completing deferred maintenance and lender-required repairs. Increase of rents to market rate.
Property type: MF
# Units: 336
Year build: 1960
Going in CAP rate: 4%
CoC: 11.95%
IRR: 15.11%
EM: 2.48
Uptown Cole Park – 179 MF Units
Class A asset, high occupancy. The business plan includes optimization of current amenities, smart technology package implementation, and rent outdoor community areas improvements.
Property type: MF
# Units: 179
Year build: 2016
Going in CAP rate: N/A
CoC: 5.50%
IRR: 20%
EM: 2
Montebello Gardens & Bella Capri – 155 MF Units
Workhouse housing. NOI stabilization by completing deferred maintenance and lender-required repairs. Increase of rents to market rate.
Property type: MF
# Units: 155
Year build: 2013 / 1973
Going in CAP rate: N/A
CoC: 8.70%
IRR: 15-60%
EM: 1.8
Mueller City View – 138 MF Units
Workhouse housing. NOI stabilization by completing deferred maintenance and lender-required repairs. Increase of rents to market rate. 9 fire damage units at purchase for full renovation & upgrade.
Property type: MF
# Units: 138
Year build: 1978 / 1983
Going in CAP rate: 4.40%
CoC: 8.90%
IRR: 15-60%
EM: 1.8
Augusta North Houston – 212 MF Units
Class A asset, high occupancy. The business plan includes optimization of current amenities, smart technology package implementation, and rent outdoor community areas improvements.
Property type: MF
# Units: 212
Year build: 2010
Going in CAP rate: 4.30%
CoC: 8%
IRR: 16%
EM: 1.8
Morganton Storage – 84 SS Units
Property type: SS
# Units: 84
Year acquired: 2021
Flint at 290 – 192 MF Units
Workhouse housing. NOI stabilization by completing deferred maintenance and lender-required repairs. Increase of rents to market rate.
Property type: MF
# Units: 192
Year build: 1984
Going in CAP rate: 5.50%
CoC: 8%
IRR: 16%
EM: 2
Lawrenceville – 23 MF Units
High occupancy, long-term residents. The business plan included external improvements, improve curb appeal, and amenity additions.
Property type: MF
# Units: 23
Year build: 1881
Going in CAP rate: 4%
IRR: 36.06%
EM: 1.87
Thunder Mountain Hotel Conversion – 65 MF Units
Convert from 100 Motel Rooms to 65 Units. Complete conversion within 12 months. Lease up to be completed, RUBS implementation. Refinance at 2 and 4 years of holding.
Property type: MF
# Units: 65
Year build: 1972 / 2021
Going in CAP rate: N/A
CoC: 8%
IRR: 17.90%
EM: 2.34
Meadows on Merrill – 200 MF Units
Workhouse housing. NOI stabilization by adding a dog park, soccer park, and other community amenities. The business plan also includes upgrades on classic units.
Property type: MF
# Units: 200
Year build: 1970
Going in CAP rate: 3.70%
CoC: 8%
IRR: 15%
EM: 1.9
Newell Mobile Home Park – 26 Lots
Property type: MHP
# Lots: 26
Year acquired: 2021
DeRosa Portfolio – 670 MF Units
Workforce housing, value add assets, located in two thriving markets. Experienced team with successful performance in those markets. Large portfolio with economies of scale and cost optimization. *(projected returns)
Winston Salem, NC (5 Properties)
Property type: MF
# Units: 670
Year acquired: 2022
IRR: 13% – 16%
EM: 2.5 – 3.0
Longview Storage LLC – 134 SS Units
Property type: SS
# Units: 134
Year acquired: 2022
Yantis Mobile Park – 32 Lots
Property type: MHP
# Lots: 32
Year acquired: 2022