Grow Scale

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.