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

Stabilized Investments

N. MINNEAPOLIS APTS

Minneapolis, MN

$8.32M

PURCHASE PRICE

12.08%

ANNUAL CASH FLOW

DESCRIPTION & STRATEGY

106 Unit Portfolio. Increased rents, reduced management expenses, increased non-rent income, renovated office unit

TRI-CITIES VISTA APTS

Tri-Cities (Pasco), WA

$5.25M

PURCHASE PRICE

18%

ANNUAL CASH FLOW

DESCRIPTION & STRATEGY

105 Unit Complex. Increased rents, reduced management expenses, increased non-rent income, re-evaluated HUD program status

SOMMERSET APTS

Minneapolis/St. Paul, MN

$3.40M

PURCHASE PRICE

9.91%

ANNUAL CASH FLOW

DESCRIPTION & STRATEGY

34 Unit Complex. Brought in new management, increased rents, major renovations, improved tenant profile.

FOLWELL PARK APTS

Minneapolis/St. Paul, MN

$2.41M

PURCHASE PRICE

6.39%

ANNUAL CASH FLOW

DESCRIPTION & STRATEGY

37 Unit Complex. Increased rents, new management, repositioned to secure tax credits

BERKSHIRE APTS

Raleigh Metro Area (Raleigh, NC)

$1.24M

PURCHASE PRICE

18%

ANNUAL CASH FLOW

DESCRIPTION & STRATEGY

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

PAYNE AVE MIXED USE

St. Paul, MN

$930K

PURCHASE PRICE

15%

ANNUAL CASH FLOW

DESCRIPTION & STRATEGY

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

BLUEBIRD APTS

St. Paul, MN

$3.2M

PURCHASE PRICE

14.2%

ANNUAL CASH FLOW

DESCRIPTION & STRATEGY

33 Unit Mixed Use. Renovated residential units, qualifies for low income tax incentives, renewed retail tenant leases.

Exited Investments

EDGEWOOD CROSSING

Raleigh Metro Area (Butner, NC)

$7.05M

EXIT PRICE

45%

 GROSS IRR

DESCRIPTION & STRATEGY

82 Unit Portfolio. (50 unit, 32 unit, 3 acre plot of land) Replaced management, re-branded, increased rents, improved tenant profile, sold assets separately

FORT CAMPBELL HOLDINGS

Clarksville, TN

$9.44M

EXIT PRICE

21.53%

GROSS IRR

DESCRIPTION & STRATEGY

171 unit portfolio. Acquired for $4.95M. Heavy renovations and capex, turned over 80%+ units, brought in new management.

PHEASANT COURT

Portland Metro Area (Milwaukie, OR)

$3.04M

EXIT PRICE

59%

GROSS IRR

DESCRIPTION & STRATEGY

Acquired at $2.15M, $75K in rehab costs. Replaced management, addressed maintenance and rehabbed aged units. Increased rents 27% and improved tenant profile

JACK MILLER APTS

Clarksville, TN

$3.13M

EXIT PRICE

33%

GROSS IRR

DESCRIPTION & STRATEGY

40 unit complex. Acquired for $2.25M. Light renovations, roof replacement and HVAC upgrades

WEST VILLAGE

Raleigh Metro Area (Hillsborough, NC)

$2.4M

EXIT PRICE

74.21%

GROSS IRR

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.

PARKSIDE MANOR

Portland, OR

$4.8M

EXIT PRICE

57%

GROSS IRR

DESCRIPTION & STRATEGY

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

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

22nd Ave NE, Seattle, WA

4-Plex, 25% Return on Investment