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  • Acquisition Criteria
  • Acquisition Strategy
  • Repositioning Strategy
  • Multi-Family Focus
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Acquisition Criteria

Su Casa Properties acquires and repositions multi-family apartments in primary, secondary, and in some instances, tertiary markets in the Western States.

Property sourcing is a key strength, leveraging extensive contacts both in local markets and in the brokerage community.

Asset Acquisition Criteria:

Age:

• Built between 1960 and 1985

Size:

• Minimum of 80-100 units (smaller if part of a local portfolio)

Current Conditions:

• Deferred maintenance – interiors and exteriors
• Inferior club house and amenities
• Underperforming on-site management

Occupancy:

• Below local market average

Rents:

• Below local market average

Location:

• Close to regional highways, employment, and retail
• High visibility location

Repositioning/stabilization period:

• 12 to 18 months