Sample Deal
DISCLAIMER
The following is a sample deal to show the viewers the type of properties we are interested in. This is for informational purposes only. We do not own these properties. This is not a solicitation in any form.
Pre-acquisition & Updates
Pre-acquisition & Updates
Pre-acquisition & Updates
Pre-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
Post-acquisition & Updates
- Approx 50% of units out of service due to a fire
- Significant interior deferred maintenance
- Collection issues due to inadequate tenant screening
- Inefficient management systems and procedures
- Poor curb appeal and public image
- $700k of debt provided by seller
- $200k down payment and $450k in rehab funds provided by investor network
- Gut rehab of out of service units
- Modernize appliances and fixtures
- Sign new leases at market rate
- Improve tenant screening to ensure reliable collections
- Rebrand and increase curb appeal
- Implement efficient management procedures
- Re-seal and re-stripe the parking lot
- Put in new signage
- Fix decks and balconies
- Reconfigure drainage to flow away from property
- Cosmetic interior unit updates
- Two tone interior paint scheme
- Install formica countertops
- Refinish cabinets
- Install vinyl plank flooring
- New appliances (refrigerator and stove)