Our Portfolio
Multi-family
Wurzbach Portfolio
San Antonio, TX
Years Hold
2.5
Equity Multiple
1.42x
IRR
15.21
Multi-family
Wurzbach Portfolio
San Antonio, TX
The Wurzbach Portfolio consists of two quality B class value add properties located in a highly desirable location of northwest San Antonio. This will count four properties that the Operator is clustering with a 5 mile radius of each other, providing the opportunity to benefit from economies of scale.
Years Hold
2.5
Equity Multiple
1.42x
IRR
15.21
Self-Storage
Self-Storage Asset
Roswell, GA
Years Hold
3.5
Equity Multiple
1.54x
IRR
15.42
Self-Storage
Self-Storage Asset
Roswell, GA
This single asset is a class A self storage facility located Roswell, GA – a highly affluent sub-market of Atlanta. The location of this asset is less than 4 miles from the corporate office of the Operator, affording us a proprietary knowledge of the market and customer base.
Years Hold
3.5
Equity Multiple
1.54x
IRR
15.42
Self-Storage
Self-Storage Fund I
Springfield, TN
Years Hold
2
Equity Multiple
1.57x
IRR
29.08
Self-Storage
Self-Storage Fund I
Springfield, TN
In partnership with a top 25 self-storage provider in the country, this fund consists of ten assets across Florida, South Carolina, North Carolina and Tennessee. By targeting multiple markets as well as both value-add and stabilized assets, this fund offers a great diversification play for investors.
Years Hold
2
Equity Multiple
1.57x
IRR
29.08
Multi-family
The Baxter at Westood
Austin, TX
Years Hold
2.4
Equity Multiple
1.98x
IRR
32.98
Multi-family
The Baxter at Westood
Austin, TX
The Baxter at Westwood (formerly Lake Creek) is a 1983 value-add apartment complex located in Austin, TX. Majority of units at this property are family friendly, town-home style units, which aligns well with the fact that the property is within walking distance of the #3 ranked high school in the greater Austin area along with other blue ribbon schools. The Domain, Austin’s “second downtown” and a highly desirable work and entertainment area, is just a short drive away.
Years Hold
2.4
Equity Multiple
1.98x
IRR
32.98
Multi-family
Reserve at Walnut Creek
Austin, TX
Years Hold
3.2
Equity Multiple
2.14x
IRR
27.88
Multi-family
Reserve at Walnut Creek
Austin, TX
The Reserve at Walnut Creek is an institutional quality, value-add apartment complex built in 2002. It is in the booming metropolitan market of Austin, TX and is directly in the path of growth for the city. It is pinned between major highways 290, I-183 and I-35, perfectly located for easy access to the city’s major employment and entertainment areas.
Years Hold
3.2
Equity Multiple
2.14x
IRR
27.88
Multi-family
Northern Cross
Dallas, TX
Northern Cross is a core-plus 2001, value-add apartment complex located in Haltom City, TX – a rapidly expanding sub-market of Dallas-Fort Worth. This property adds to the Operator’s portfolio of 17 properties, 15 of which are located within 8-40 miles of the asset. This unique situation provides the opportunity to benefit from economies of scale.
Years Hold
3.5
Equity Multiple
1.74x
IRR
20
Multi-family
Lexington
Richardson, TX
Lexington (formerly Brighton) is a 1979/1980 value-add apartment complex located in Richardson, TX – an affluent sub-market in North Dallas. Richardson has experienced exceptional growth in the last few years, boasts a school district in the top 3.25% on the country, and has an average household income of more than double the national average, all of which are reasons why this is the Operator’s 5th asset in this market.
Years Hold
3.2
Equity Multiple
1.74x
IRR
20.8
Multi-family
Estates at Las Colinas
Las Colinas, Irving, TX
Years Hold
3.1
Equity Multiple
1.73x
IRR
22.2
Multi-family
Estates at Las Colinas
Las Colinas, Irving, TX
Estates (formerly Marabella) at Las Colinas is a 1989 value-add apartment complex located in the Las Colinas neighborhood of Irving, TX. Las Colinas is a 12,000-acre master planned business and residential community that attracts affluent renters as the average household income in the immediate area is over $134,000.
Years Hold
3.1
Equity Multiple
1.73x
IRR
22.2