• 
• 
• 
  • Liberty Heights Apartments
• 
  • Acquisition Criteria
  • Acquisition Strategy
  • Repositioning Strategy
  • Multi-Family Focus
• 
• 
• 

Repositioning Case Study #7

Liberty Heights Apartments
Sandy, UT

Conditions at commencement of SCI management:

• 88% occupied
• Average Rent: $650/month, inclusive of 1-, 2- and 3-bedroom units
• Annual NOI of $445,111

Redevelopment Plan:

• Renovate unit interiors as units turnover, add Washer/Dryer units; cure exterior deferred maintenance and upgrade tenant amenties

Results:

• To be reported

---

View Other Case Studies:

Repositioning Case Study #1 - Tracy Apartments
Repositioning Case Study #2 - Buena Vista Apartments
Repositioning Case Study #3 (In transition) - Aspenwood Apartments
Repositioning Case Study #4 (In transition) - Holladay on 9th
Repositioning Case Study #6 - Mulberry Park Apartments
Repositioning Case Study #5 - Lookout Pointe Apartments
Repositioning Case Study #7 - Liberty Heights Apartments