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.
| Project Locations: |
Southern California
Northern California
Seattle
Las Vegas
Phoenix
Denver
Atlanta
|
| Project Size: |
Typically 100-700 units
$10 Million minimum acquisition
(Aslan Realty Group will evaluate portfolio opportunities) |
| Project Condition/Age: |
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. |
| Investment Style: |
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. |
| Renovation Style: |
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
