Multi Family Aquisition
Taylor Apartments
This acquisition offers value-added potential and includes a comprehensive remodeling of the complex.
Details
16 unit single story complex.
Project Info
Overview
This project involves the long-term acquisition and comprehensive remodelling of a multi-family complex, focusing on increasing rental rates to market levels.
Project Milestones
At acquisition in the fall of 2020, 16 units were vacant out of a total of 46. By 2022, the complex reached 100% occupancy. Completed remodelling of 16 units. Undertook extensive exterior renovations, including painting, roofing, and landscaping.
Property Details
The property includes 16 multi-family units as part of a total portfolio of 46 units.
Objective
Partners will continue to hold and upgrade the units, ensuring they meet modern standards and optimize rental income.