Bella Madera Apartments offered the opportunity acquire a 328-unit Class B workforce housing, garden-style apartment project located in San Antonio, Texas, on the edge of Shavano Park. Originally constructed in 2006, the community is value-add investment with significant opportunity for expense savings based on the operator’s, GVA’s, position in the market and experience with value-add. …
The Dean is a rebranded multifamily investment originally built in 1963 with an A+ location less than one mile from The University of Texas at Arlington with an enrollment of over 42,000 students. The property is currently 98% leased with rents approximately 25% below-market and without any unit upgrades. Existing Features & Amenities Flooring Walking …
The Riverview Grande is a venture between Silverado Interests and GVA. It is a 269-unit, garden style, class-B apartment complex located on 15.5 acres of land in the desirable, North Shore area of Chattanooga, TN. comprised of 314,972 rentable sq. feet of space, Riverview Grande is located only four miles North of downtown Chattanooga. Originally …
Ashford Apartments is 264-unit apartment complex located in Carrollton, Texas offering tenants a beautiful private lake in park-like surroundings set on 19.41 acres. Ashford provided a compelling opportunity to acquire a Class B, value-add property with below market rents allowing room to grow rents organically, through improved management and unit/amenity renovation. Renovations/Additions include: • New …
Sandridge class “B” garden-style apartment communities consisting of 504 units located outside of Houston in Pasadena, Texas. Originally constructed in 1981, the low-density community offers value-add opportunities in a strengthening supply constrained market. Approximately 75% of the units have been partially renovated prior to purchase. These units will receive: Updated plumbing/lighting fixtures Subway tile backsplash …
Heritage Oaks and the Gallery are two adjacent boutique Class “B” garden-style apartment communities consisting of 217 units in Austin, TX. This acquisition gives the ability to aggregate two contiguous sites, totaling 6.8 acres, in the South Lamar submarket. The properties are currently 100% and 95% occupied with rents below market, providing immediate opportunity to …
The property was operated by a “Mom and Pop” owner, and they owned it since 1975. The property’s rents were significantly below market. Light exterior renovation is needed along with upgraded interior walk-ways and security cameras. The property is in a growth submarket with new apartments, homes and retail construction. Items that needed to be …
4343 at the Parkway is a 240-unit multifamily property built in 1998. The property consists of 11 three story buildings and has 225,568 sf of net rentable area, with an average unit size of 940 sf. At time of acquisition the current average market rent per month was below the competitive set. The property had …
Paces Run is a venture between Silverado Interests, and the Wilkinson Group, Inc. We were attracted to this investment because of the strong long term track record of our partner, and because it provides investors with a strong current income. Paces Run was built in 1987 and consists of 260 units in 16, two & …
Fox Hollow is a venture between Silverado Interests, and the Wilkinson Group, Inc. We were attracted to this investment because of the strong long term track record of our partner, and because it provides investors with a strong current income. Fox Hollow was built in 1986 and consists of 184 units in 21, two-story residential …
