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Apartment Building

Acquisition Criteria

Asset Location
We focus on Emerging market areas with indicators for strong near and long-term economic growth.

Asset Type
We look for class C- to B+ properties located in C- to A areas that were constructed in 1970 or newer.

Unit Mix
We prefer to invest in properties where no more than 30% of the unit mix can be made up of one bedroom apartments.

Asset Size
We focus on complexes that are 50+ units and can be acquired in the $4MM – $50MM range.

Hold Period
Each asset is typically held 3-5 years depending on its exact business plan.

Operating History
Occupancy above 80% with the exception of properties that require renovation, providing properties are well located and present value-add opportunities.

Investing involves risk, including loss of principal. Past performance does not guarantee or indicate future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. While the data we use from third parties is believed to be reliable, we cannot ensure the accuracy or completeness of data provided by investors or other third parties. Neither The Tee Time Investor nor any of its affiliates provide tax advice and do not represent in any manner that the outcomes described herein will result in any particular tax consequence. Prospective investors should consult with a tax or legal adviser before making any investment decision.

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