Villas de Azul

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 Apartments

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 Lake

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…

Cielo

Before & AfterCieloPhoenix, Arizona Cielo Apartments is a 360 unit apartment complex located on a new light rail station in the emerging “19 North” submarket of Phoenix. Built in 1981, the property is 94% occupied and well maintained for the vintage. There is significant upside to capitalize on under-market rents by implementing a repositioning and renovation strategy including,…

Seventh

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…

Cross Creek Apartments

Cross Creek ApartmentsAustin, Texas Cross Creek Apartments is a 200 unit property that was in need of significant repairs. The property was originally planned to be redeveloped by a tax credit developer so the property was neglected and repairs were not made to the property. When the tax credit financing fell through, the owner decided…

Chestnut Park

Before & AfterChestnut ParkSan Antonio, Texas Chestnut Park Apartments is a 145 unit apartment complex located in the Castle Hills submarket of San Antonio. Built in 1979, the property is 97% occupied and well maintained for the vintage. There is significant upside to capitalize on under-market rents by implementing a repositioning and renovation strategy including, increased curb appeal, common…

Cannon Oaks Apartments

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 Apartments

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.…