Strategy

Investment Criteria

Our Buy Box

What We Look For

50–150

Unit Count

We target 50-150 unit communities — large enough for professional management and operational efficiencies, small enough to avoid institutional competition.

B & C

Property Class

B and C class properties in A, B, and C neighborhoods. We avoid D class properties and neighborhoods entirely.

Garden Style

Property Type

Garden-style apartment communities with pitched roofs. We avoid high-rise, mid-rise, and flat-roof construction.

Value-Add

Strategy

Value-add acquisitions where below-market rents, deferred maintenance, or operational inefficiencies create repositioning opportunity.

Agency Debt

Financing

Agency debt (Fannie Mae / Freddie Mac) with fixed interest rates. We avoid floating-rate bridge loans that have exposed operators to catastrophic refinancing risk.

$2M–$12M

Purchase Price

$2M to $12M, allowing us to deliver institutional-quality deals at a scale accessible to private investors.

Our Process

From Market Selection to Returns

01

Market Selection

We analyze population growth, job growth, supply pipeline, rent trends, and economic diversity to identify markets where fundamentals support long-term value creation.

02

Underwriting & Due Diligence

Every deal is underwritten conservatively — at today’s interest rates, with realistic rent growth assumptions, and thorough property condition assessment.

03

Acquisition & Renovation

We close with agency financing, then execute a strategic renovation plan to improve units, common areas, and curb appeal — driving rent premiums and occupancy.

04

Stabilization & Returns

Once repositioned, the property generates increased cash flow for quarterly investor distributions, with the option to refinance or sell at the optimal time.

Risk Management

What We Avoid

D class properties and neighborhoods
Total repositioning / gut renovations
Flat-roof construction
Floating-rate bridge debt
Deals that require aggressive rent growth to pencil
Markets with oversupply and declining fundamentals