Hawthorne CondominiumsPhoenix, Arizona Hawthorne Condominiums is 182 units in a 276 unit condominium property that is located in Central Phoenix. The property is 98% occupied and has been owned by an individual investor for 5 years. The property was not widely marketed for sale which created unrealized embedded equity from the inception. There is significant upside with new ownership…
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…
Edge on South CongressAustin, Texas The Edge on South Congress is a boutique 35-unit apartment community that is located in South Austin with excellent visibility from South Congress Avenue. The property is 100% occupied and has been owned and self-managed by an individual investor for 22 years. It is significantly under managed with unrealized embedded equity. There is…
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.…
The Manor ApartmentsAustin, Texas The Manor Apartments is an under-managed 249 unit apartment complex located just northeast of downtown Austin. It was built in two phases and has two contiguous undeveloped land parcels totaling 4.3 acres. The property is 97% occupied and has been owned and managed by the same company since 1999. There is significant upside to capitalize…
Before & AfterWoodside VillageReno, Nevada Woodside Village Apartments is a 250-unit apartment complex that is comprised of 31 one-and two-story buildings totaling 201,880 square feet. Built in 1977 by AG Spanos, there are six different floor plans including 120 1BR/1BA units, 72 2BR/1BA units, 40 2BR/2BA units, and 18 3BR/2BA units. Onsite amenities at the property are a resident…
Park at IdlewildReno, Nevada Park at Idlewild is a 113-unit apartment complex that is comprised of 11 two-story buildings totaling 98,747 square feet. Built in 1973, the property has 14% 1 bed/1 bath units, 65% 2 bed / 1bath units and 21% 3 bed/2 bath units. It is a conventional two-story garden-style apartment complex with stacked units…
