
Apartment Acquisition Strategy
The US apartment market is extremely large and highly fragmented - providing great opportunity for experienced investors. Here is our approach to finding the best investment opportunities.
The Big Picture
There are 63,000 apartment properties across the United States.
67% of multi-family properties are owned by a sole proprietor or family.
U.S. Population Change 2009-2019
Properties
Philadelphia Metro Region - 50 to 150 units per property
Outside of Philadelphia - 80 to 150 units per property
We monitor trends in population growth across the United States, watching for opportunities in high-demand areas
Currently watching growth in South & West U.S. (Atlanta, Charlotte, Nashville, Orlando, Austin, Denver, Salt Lake City, Las Vegas, Phoenix, Sacramento, etc.).
We choose ideal properties.
Location
Our preferred properties are infill locations with barriers to development due to lack of land, high construction costs, or development-adverse municipalities.
Or preferred properties have proximity to large, permanent, employment drivers such as state/county government, large universities, dominant regional health care systems, etc.
Our properties are located in highly rated, sought-after school districts that draw in-migration.
Accessible and desirable locations
Destination
We take into consideration the popularity, livability, and amenities for future residents.
Our properties have proximity to walkable downtowns, transit stations, and high-volume shopping areas.
We seek opportunities to improve cash flow through superior operations or addition of amenities and green initiatives.