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Eastwood Multifamily
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Emerald Park


City:Bryan
State:TX
Units:64
Built:1968
  • Occupancy Beating the Comp Market
  • South- Central Texas Location
  • Texas A&M University
  • Tremendous Upside, by Reducing Expenses

Frio


City:Pearsall
State:TX
Units:63
Built:1984
  • 45 Minutes South of San Antonio
  • 99% Occupied
  • Low Supply of Rental Properties
  • Income and Rent Restricted

Kenwood


City:Corsicana
State:TX
Units:40
Built:1983
  • Strong Community Infrastructure
  • 9.9 Percent Year One CAP Rate
  • 32.77 Percent Leveraged IRR
  • 40 Year RTC LURA

Oaktree


City:Waco
State:TX
Units:112
Built:1972
  • Rental Rate Restrictions Affecting
  • Strong Community Infrastructure
  • Good Schools
  • 40 Year RTC LURA

Patman Switch


City:Hughes Springs
State:TX
Units:82
Built:1979
  • One of Three Apartment Communities in Town
  • 97% Occupied
  • Community Activities

Temple Gardens (Closed)


City:Temple
State:TX
Units:153
Built:1970
  • 153 Unit Community in Temple, Texas
  • Consists of Emerald Gardens, Beverly Arms and Jacquelyne Arms
  • 94 Percent Market Occupancy
  • Tremendous Upside through Renovation

 


The Reef Resort


City:Galveston
State:TX
Units:36
Built:1976
  • Beautiful Gulf Views
  • Operating as a Hotel
  • Number 1 Cruise Port along Gulf Coast
  • UTMB has created over 15, 000 Jobs
  • 7.8 Percent Year One CAP
  • 21.41 Percent Leveraged IRR

Tradition Square


City:Caldwell
State:TX
Units:52
Built:1977
  • High Market Occupancy
  • Low Supply of Multifamily Units
  • Easy Commute to Bryan- College Station
  • 32.81 Percent Leveraged IRR

Villa Terrace (Under Contract)


City:Temple
State:TX
Units:73
Built:1976
  • High Market Occupancy
  • Regional Medical Hub\
  • 6.93 Percent Year One CAP Rate
  • 30.11 Percent 10 yr Leveraged IRR

Woodcrest


City:Odessa
State:TX
Units:80
Built:1972
  • Odessa Accommodates Economic Development
  • Nearby Two Colleges: Odessa College and The University of Texas Permian Basin
  • The Economic Index Increased Six Points in 2006
  • 98% Occupied
  • Booming Oil Industry Fueling the Occupancy Rate


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