Multifamily Real Estate Portfolio

The River Club

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Before

After

Huntley Flats

Before

After

Pinewood Apartments

Before

After

CANVAS

Canvas is a 19-unit property located in an opportunity zone in Bradenton, FL that we acquired in July 2024. We are currently working on plans to redevelop the site to a 25-unit townhome community. In place incomes of approximately $20,000 per month allows us to provide a return to investors during the planning stage of redevelopment. Once completed we estimate the townhomes will bring in $70,000 per month. This is a qualified opportunity zone deal, which we plan on holding 10+ years.

Driftwood Apartments

We acquired Driftwood Apartments in August 2024. At acquisition, this property was operating as an extended-stay motel with rents averaging $1,100 paid weekly. Our plan is to renovate all units and convert the residents to annual leases. We will be marketing this property as moderate-income housing with high-quality units at an affordable price. We are projecting a 20% AAR and 2.0x Equity multiple for our investors.

Past Investments

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Ybor Heights Single Family

  • Purchased for $186,000 in 2017

  • Full interior renovation in 2018

  • Rented as short-term rental from 2018-2021

  • Sold July 2021 for $359,000

  • 14% IRR & 1.67X Equity Multiple

 
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Ruskin, FL Single Family

  • Purchased for $173,500 in 2017

  • Rented from 2018-2021 both medium term (6+ months) and short term rentals

  • Sold June 2021 for $264,900

  • 18% IRR & 1.85X Equity Multiple