Our Guidelines for Exceptional Investments
Assets
We focus exclusively on acquiring multifamily properties, targeting well-located assets that offer value-add opportunities through renovations and improved operational efficiencies.
We actively seek multifamily investment opportunities with purchase prices ranging from $15 million to $150 million, aligning with our strategy to target scalable, high-quality assets.
We target multifamily properties with 100 or more units to ensure operational efficiencies and scalability in our portfolio.
We prioritize multifamily properties built in 1980 or later, focusing on assets with layouts and construction suitable for value-add improvements.
We focus on acquiring B and C class multifamily assets, identifying opportunities to enhance value through strategic renovations and operational improvements.
We specialize in acquiring multifamily, garden-style properties with value-add potential, seeking opportunities to enhance both the physical asset and overall operational performance.
Our value-add strategy focuses on two main components:
Interiors: A minimum of 50% of the total units remain in their ‘classic’ or ‘partial’ un-renovated condition, allowing us to create opportunities for value-add upgrades.
Exteriors: We enhance the property’s curb appeal and amenities through exterior improvements such as new three-tone exterior paint, upgraded signage, and upgraded landscaping. We also renovate the office spaces, pool, playground, dog park, gym, and any other amenities at the property.
Current Markets
- Phoenix
- Glendale
- Tempe
- Scottsdale
- Mesa
- Dallas
- Fort Worth
- Arlington
- Garland
- Haltom City
- Mesquite
- Northlake
- Bedford
- Tampa
- Orlando
- Jacksonville
- Charlotte
- Matthews
- Raleigh
- Durham
- Greensboro
- Winston-Salem
- Fayetteville
- Wilmington
- Asheville
- Charleston
- Columbia
- Greenville
- Spartanburg
Contact: acquisitions@rise48equity.com