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INVESTMENT SUMMARY

ORGANIC RENT GROWTH

New ownership can capitalize on strong rent growth seen across the market.

$500,000+  Estimated Portfolio Annual Revenue Increase (Pure Organic Growth)

Property #1
Rents can be increased organically by an average of $175/unit based on supported comparables. 
By increasing below-market rents, annual rental revenue will grow by 28%.
Concessions are projected to be close to 0% through 2026.
Vacancy rates are projected to be 3% through 2026.
Property #2
Rents can be increased organically by an average of $165/unit based on supported comparables.
By increasing below-market rents, annual rental revenue will grow by 21%.
Concessions are projected to be close to 0% through 2026.
Vacancy rates are projected to be 3% through 2026.
Property #3
Rents can be increased organically by an average of $205/unit based on supported comparables.
By increasing below-market rents, annual rental revenue will grow by 21%.
Concessions are projected to be close to 0% through 2026.
Vacancy rates are projected to be 3% through 2026.
VALUE-ADD POTENTIAL 

Two of the three properties have the opportunity to further push rents by offering affordable, updated units and improved amenities.

Property #1

Rents can be increased by an additional $100/unit  (1 BR) and $125/unit (2 BR) based on market comparables with minor upgrades.


Value-add opportunities:

Select unit interior upgrades

Installation of a small dog park

Upgrades to the playground

New parking lot asphalt and re-striping 

Privacy fencing around unit patios

Pet security deposits/monthly rent

Offer all-inclusive utilities for additional rent premiums 

Offer washer/dryer rental with installation and removal fees

Property #2

Rents can be increased by an additional $75/unit  (1 BR) and $50/unit (2 BR) based on market comparables with minor upgrades.


Value-add opportunities:

Minor interior unit upgrades

Installation of a small dog park

Pet security deposits/monthly rent

Offer all-inclusive utilities for additional rent premiums 

Offer washer/dryer rental with installation and removal fees

Installation of security system

CONTACT US

Windy Parsons
Sweetwater Capital
(336) 688-2320

Brandon Fox
Sweetwater Capital
(919) 670-9814

Don-Carlos Moniz
Sweetwater Capital
(910) 988-6653

Rosalyn Funez
Sweetwater Capital
(919) 364-6773

PROPERTY INFO ACCESS

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