Our Strategy
Our strategy emphasizes the procurement of under-managed properties where a renovation project or improved management can reposition the property to a higher market level.
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Project Locations:
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Southern California
Northern California
Seattle
Las Vegas
Phoenix
Denver
Atlanta
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Project Size: |
Typically 100-700 units
$10 Million minimum acquisition
(Aslan Realty Group will evaluate portfolio opportunities)
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Project Condition/Age:
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Typically 10-25 years old. ARG has purchased communities less than 5 years old and others more than 25 years old. ARG will not evaluate properties that are less than “C” condition.
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Investment Style:
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VALUE-ADD and CORE-PLUS: Renovation Strategy and/or Management Improvement. The local sub-market must allow for repositioning of the property with higher rents post-renovation. The sub-market should also have improving market dynamics. |
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Renovation Style:
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From cosmetic to significant structural changes. Renovation typically ranges from $2,000 to $30,000 per unit. |
For more information about becoming an investment partner with Aslan Realty Group, please contact Ryan Millsap at 949.788.5204 or rmillsap@aslanrg.com