- 70 Units
- Located in Lubbock, TX
- Heavy value-add with acquisition below replacement cost
Archives: Investments
Park Place Apartments
- 24 units
- Located in Longview, TX
- Low value-add with cashflow day one
Spooner Apartments
Light value-add project that we acquired from pre-foreclosure, invested $100,000 in rehab and now worth close to $1,800,000
- 1001 Spooner Street, Pasadena, TX
- 20 Units
- Purchase price: $1,250,000
- Built-in 1971
Market Street Apartments
Medium value-add of a dilapidated and distressed property, purchased through a loan assumption with a 4% rate and investing $1.1M in interior and exterior rehab. Property appraised value of $6,000,000.
- 717 S Green Street, Longview, Texas
- 94 units
- Purchase price: $3,200,000
- Built in 1967
Evergreen Estates
Increased occupancy by 40% and improved resident satisfaction by 85% through strategic renovations.
- Sustainable upgrades.
- Affordable housing solutions.
