- Proven Value-Add Upside Through Continued Light Cosmetic Renovations
- Upside via Implementation of Market Fee / Other Income Structures
- Strong In-Place Operations Offer Immediate Day One Cash Flow
- Unique Opportunity to Obtain Critical Mass in Pine Bluff
- Extremely Attractive per Unit Basis – Well Below Current Replacement Cost
- Strong Workforce Location Proximate to Major Demand Drivers
- Available With Attractive Assumable Financing or Free & Clear
Proven Value-Add Upside Through Continued Light Cosmetic Renovations
The Portfolio offers a fully proven value-add business plan that has been started by current ownership. By continuing to capitalize on the same cosmetic upgrades that ownership has complted, a new investor will be able to move effective average rents by ~$100/month across the portfolio and achieve significant revenue growth across the portfolio.
Upside via Implementation Of Market Fee / Other Income Structures
Current management is providing water, sewer, and trash at no charge to the tenants. There is an opportunity to significantly boost fee / other income through the implementation of a $35 per month flat fee for water/sewer/trash moving revenues by ~$70,000!
Strong In-Place Operations Offer Immediate Day One Cash Flow
The Portfolio offers mid-90s in-place occupancy, low delinquency, and extremely strong current operations, allowing new ownership to generate strong day one cash flow. This strong foundation allows for new ownership to focus on the future value-add business model while achieving outsized cash returns!
