GROW SCALE PROJECTS

Grow Scale's principals have extensive real estate investing experience and a track record of strong returns. Here is a snapshot of some recent projects from our 600+ unit portfolio

Recent Investments

N. MINNEAPOLIS APTS

Minneapolis, MN

$8.32M

PROPERTY VALUE

Recent Acq

EST. ROI

DESCRIPTION & STRATEGY

106 Unit Portfolio. Increase rents, reduce management expenses, increase non-rent income, renovate office unit

TRI-CITIES VISTA APTS

Tri-Cities (Pasco), WA

$5.25M

PROPERTY VALUE

Recent Acq

EST. ROI

DESCRIPTION & STRATEGY

105 Unit Complex. Increase rents, reduce management expenses, increase non-rent income, re-evaluate HUD program status

PAYNE AVE MIXED USE

St. Paul, MN

$930K

PROPERTY VALUE

75%

EST. ROI (in 6 mo.)

DESCRIPTION & STRATEGY

13 Unit Mixed Use. (9 Residential, 4 Commercial Units) Replace management, remodel residential units, add new unit, lease vacant commercial units

FOLWELL PARK APTS

Minneapolis/St. Paul, MN

$2.41M

ACQ. PRICE

Recent Acq

EST. ROI

DESCRIPTION & STRATEGY

37 Unit Complex. Increase rents, new management, reposition to secure tax credits

SOMMERSET APTS

Minneapolis/St. Paul, MN

$3.40M

ACQ PRICE

Recent Acq

EST. ROI

DESCRIPTION & STRATEGY

34 Unit Complex. Bring in management, increase rents, improve tenant profile

EDGEWOOD CROSSING

Raleigh Metro Area (Butner, NC)

$6.50M

PROPERTY VALUE

125%

EST. ROI

DESCRIPTION & STRATEGY

82 Unit Portfolio. (50 unit, 32 unit, 3 acre plot of land) Replace management, re-brand, increase rents, improve tenant profile, sell assets separately

PHEASANT COURT

Portland Metro Area (Milwaukie, OR)

$3.04M

PROPERTY VALUE

141%

ACTUAL ROI

DESCRIPTION & STRATEGY

22 Unit Complex. Replace management, address differed maintenance and rehab aged units. Increase rent by 25%, improve tenant profile.

PARKSIDE MANOR

Portland, OR

$4.8M

PROPERTY VALUE

111%

ACTUAL ROI

DESCRIPTION & STRATEGY

43 Units. Acquired at $3.65M, $100K in rehab costs, increased rents by to market level (25%), reduced management expenses

BERKSHIRE

Raleigh Metro Area (Raleigh, NC)

$1.6M

PROPERTY VALUE

140%

EST. ROI

DESCRIPTION & STRATEGY

24 Units. Acquired for $1.24M (under market value), increased rent, financials cleanup, reduced expenses.

9TH STREET, SF

San Francisco, CA

$7.50M

PROPERTY VALUE

66.7%

ACTUAL ROI

DESCRIPTION & STRATEGY

30 SRO Units & Anchor Commercial Tenant. Converted SRO units to short-term rental (Airbnb) under master tenant, reviewed commercial lease, moved terms to NNN.

WEST VILLAGE

Raleigh Metro Area (Hillsborough, NC)

$2.4M

PROPERTY VALUE

166%

EST. ROI

DESCRIPTION & STRATEGY

36 Units. Purchased at 12.5% under market value (based on current operations). Just starting Value-Add strategy with new management, cutting costs and bringing rents to market level, completing rehab of downed units to increase NOI.

Past Investments

22nd Ave NE, Seattle, WA

22nd Ave NE, Seattle, WA

4-Plex, 25% Return on Investment

Hinds Ave, North Hollywood, CA

Hinds Ave, North Hollywood, CA

Commercial Building, 45% Return on Investment

Devonshire, Mission Hills, CA

Devonshire, Mission Hills, CA

Commercial Building, 37% Return on Investment

19th Ave East, Seattle, WA

19th Ave East, Seattle, WA

4-Plex, 25% Return on Investment

Marshall Rd, Richland, WA

Marshall Rd, Richland, WA

Duplex, 13% Return on Investment

Grow Scale, LLC

601 Van Ness Ave, San Francisco, CA 94102     contact@grow-scale.com

©2016 Grow-Scale, LLC