Best-In-Class Asset – 2021 Construction
With an impressive boutique amenity package (adding simple common area features such as those outlined on page 8) coupled with quality interior finishes, Holland Town Estates boasts exceptionally high-quality, brand-new construction. The asset is completely turnkey and maintenance-free, providing an incredibly desirable opportunity for new ownership.

Further, the property is ideally situated several miles from picturesque Lake Michigan, and it’s located directly on the path of progress when it comes to Sheboygan County demand drivers.

Huge Rent Increases Of 12% Already Proven W/ Lease Renewals
Holland Town Estates reflects rental rates for first-round leases that were set drastically below market price which has resulted in more recent leases already achieving increases of approximately $100+. The amounts equate to increases of roughly 12% compared to leases signed during the initial lease up.

Currently, roughly 80% of the units are still reflective of the incredibly low, initial rates that can be easily renewed or re-leased at or above the increased rental rates already achieved in the complex.

Market Rents Below Competitive Subset | Huge Upside Potential of $160+/Unit (Monthly)
Current rental rates at Holland Town are approximately $160+ below market rates in competitive communities such as Meadowland Villas and High Bluff Townhomes, both of which have comparable amenity packages yet very different locations.

By simply implementing professional management techniques and strategic marketing initiatives, the possibilities are endless. With the leases currently in place, Holland Town Estates provides new ownership with an extremely attractive opportunity to obtain significant upside amounting to roughly $38,652 in top-line revenue!