Villas de AzulPhoenix, AZ Villas de Azul is a 301-unit apartment complex located in Central Phoenix. Built in 1972, the property was only 75% occupied and a value‐add opportunity to reposition and stabilize the property to maximize its value. The property will benefit from repositioning the asset profile by improving the current amenities, enhancing the…
The Life at Castle Hills ApartmentsSan Antonio, Texas The Life at Castle Hills is a 230-unit apartment community conveniently located adjacent to Churchill High School in North San Antonio less than one mile south of the Wurzbach and Blanco intersection. Built in 1981, the property is 94% occupied and well maintained for the vintage. The units…
Muir LakeCedar Park, Texas Muir Lake is a 332 unit class A apartment community located in the Austin, TX MSA city of Cedar Park, TX. The property was built in 2014 by the Larry Peel Company, who is known for high-quality properties in unique geographically, challenged locations. Muir Lake sits on 64 acres and overlooks a…
SeventhPhoenix, Arizona Seventh is a 286 unit apartment complex located in the Uptown submarket of Phoenix. The property was built in 1970 and has been owned and operated by a non-profit for 22 years. The opportunity offers significant management and repositioning opportunities. The business plan will include re-branding, enhancing the property’s curb appeal, adding new resident amenities, interior unit renovations, LED…
Cannon Oaks ApartmentsAustin, Texas Cannon Oaks Apartments is a 230 unit apartment complex located in South Austin. The property was built in 2001 and has large units averaging 1,000 square feet with 2×2, 3×2 and 4×2 floor plans. It had been self-managed for 17 years and offers significant management and repositioning opportunities. A land use…
Sofia ApartmentsSan Antonio, Texas The Sofia Apartments is a 111 unit apartment complex located adjacent to Alamo Heights in Central San Antonio. The property has been self-managed for 9 years and offers significant management and repositioning opportunities. The average unit size is 988 square feet and over 60% of the units are 2 bedroom units.…
RadiusPhoenix, Arizona Radius Apartments is a 130 unit apartment complex located in Central Phoenix at the intersection the Highway 51 and Thomas Road. The location is very accessible to all areas of Phoenix. There is significant upside to capitalize on under-market rents by implementing a repositioning and renovation strategy. The strategy will include re-branding, enhancing the property’s curb…
DalewoodAustin, Texas Dalewood Townhomes is a unique 50-unit property that consists of fourteen (14) continuous parcels that are duplexes and four-plex units and one vacant lot that is not developed. Built in 1986, this community offers “single-family home style” living with attached garages, private fenced backyards with mature landscaping, concrete driveways, master irrigation sprinkler system and mail kiosk.…
