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