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  • Tracy Apartments
  • Buena Vista Apartments
  • Aspenwood Apartments
  • Holladay on 9th
  • Mulberry Park Apartments
  • Lookout Pointe Apartments
  • Liberty Heights Apartments
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  • Acquisition Criteria
  • Acquisition Strategy
  • Repositioning Strategy
  • Multi-Family Focus
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Our Properties

24seven Louisville
Louisville, KY

N/A Units
Acquired N/A

N/A

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Aspenwood Apartments
West Valley, UT

172 Units
Acquired 9/27/07; Refinanced August 2009

Built in 1962, these 14 Class C apartment buildings were acquired for an undisclosed sum in 2007, and refinanced in August 2009.  Projected Completion Value:  $14.9 million.

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Buena Vista Apartments
West Valley, UT

80 Units
Acquired 5/01/07

Built in 1978, this Class C apartment building was acquired for $3.55 million.  Current market value:  SOLD

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Holladay on 9th
Murray, UT

83 Units
Acquired 3/03/08; Recapitalized 9/09/09

Built in 1972, this Class C apartment building was acquired for an undisclosed sum in 2008, and recapitalized in September 2009.  Projected Completion Value:  $7.230 million.

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Liberty Heights Apartments
Sandy, UT

104 Units
Acquired 11/12/09

Built in 1993, this Class B Low-Income Housing project was acquired in November 2009 for an undisclosed sum, and is projected to provide consistent cash-on-cash returns of 10%+ annually, with future upside when rent restrictions are removed.

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Lookout Pointe Apartments
Provo, UT

115 Units
Acquired 10/01/08

Built in 1972, this Class C apartment building was acquired for an undisclosed sum.  Projected Completion Value:  $8.8 million.

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Mulberry Park Apartments
Taylorsville, UT

80 Units
Acquired 4/3/09

Built in 1991, these 14 one and two-story buildings were acquired for an undisclosed sum.  Projected Completion Value:  TBD

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Tracy Apartments
West Valley City, UT

60 Units
Acquired 10/01/06

Built in 1972, this Class C apartment building was acquired for an undisclosed sum.  Current market value:  $4.5 million.

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