Market Insights & Education

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Power Your Portfolio

Explore Concepts, Research, & Market Insights

All Categories

logos
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Case Studies

November 28, 2020

Video

Multifamily Case Study: 18 Units in Fort Myers, FL

This property is a perfect representation of a core plus asset. This...

Highlights:  This property is a perfect representation of a core plus asset.  This property is located in a quiet, upscale neighborhood within the Fort Myers/Naples MSA.    Built-in 2010 the complex consists of 18 garden units and is situated on a 2.5-acre parcel that is located on a Gulf Access canal with a private boat ramp.  The property is also within walking distance to a historic downtown area that provides an attractive blend of small shops, cafes, and restaurants.  Within a five-minute car ride residents have access to a variety of chain stores and restaurants as well as nearby golf and tennis facilities. These factors have allowed current management to maintain a 95% occupancy rate since acquiring the property in 2014. The property is coming to market as part of an estate settlement.

Repositioning:  The property target acquisition price will be $3,005,000 and we will plan to invest an additional $30,000 into property improvements to include improved signage, updated landscaping and limited exterior paint.  These improvements will restore the complex to its first and best status and provide the opportunity to maintain the current tenant base that will provide excellent continual cash flow.

Trending

February 14, 2018

4 min read

Real Estate Valuation: Cap Rate and Return on Cost Decoded

While they both provide valuable insights, their application...

As we continue to explore the fascinating realm of real estate investing, we shift our focus today to two crucial metrics used in assessing the value and profitability of real estate investments - Cap Rate and Return on Cost. While they both provide valuable insights, their application and significance can be quite different. Let's untangle these terms and understand how to use them effectively.

scroll-arrow
Market Insights
Case Studies
Concepts
Trending