Case Studies
Indiana 6 Self-Storage Portfolio
Elkhart, Evansville & Ft. Wayne, IN
2,789 units
Acquired: April 2014
Acquired mismanaged assets,…
Indiana 6 Self-Storage Portfolio
Elkhart, Evansville & Ft. Wayne, IN
2,789 units
Acquired: April 2014
Acquired mismanaged assets, replaced on-site management and stabilizing
Unrealized Proforma 19.3% IRR
Hampton Chase
Nashville, TN
202 units
Acquired: November 2014
Acquired seasoned asset with upside potential; executing $1.4M capital…
Hampton Chase
Nashville, TN
202 units
Acquired: November 2014
Acquired seasoned asset with upside potential; executing $1.4M capital plan
Unrealized Proforma 21.8% IRR
Arbor Creek
Raleigh, NC
280 units
Acquired: August 2015
Acquired seasoned asset with upside potential; executing $1.8M capital plan
…
Arbor Creek
Raleigh, NC
280 units
Acquired: August 2015
Acquired seasoned asset with upside potential; executing $1.8M capital plan
Unrealized Proforma 18.7% IRR
Reserve at Magnolia Ridge
Cary, NC
360 units
Acquired: October 2015
Acquired seasoned asset with upside potential; executing $2.2M…
Reserve at Magnolia Ridge
Cary, NC
360 units
Acquired: October 2015
Acquired seasoned asset with upside potential; executing $2.2M capital plan
Unrealized Proforma 18.3% IRR
Wellsley Park at Deane Hill (I & II)
Knoxville, TN
358 units
Built: January 2015 (Phase I; Phase II currently under construction)
…
Wellsley Park at Deane Hill (I & II)
Knoxville, TN
358 units
Built: January 2015 (Phase I; Phase II currently under construction)
Developed and constructed Class A asset in two phases with HUD debt
Unrealized Proforma 20.7% IRR
Enclave at Bailes Ridge
Charlotte, NC
246 units
Built: June 2015
Developed and constructed Class A asset with HUD debt in dynamic…
Enclave at Bailes Ridge
Charlotte, NC
246 units
Built: June 2015
Developed and constructed Class A asset with HUD debt in dynamic Southeast market
Unrealized Proforma 22.9% IRR