Month: July 2018

New Case Study | The Oaks | 339% ROI | 42% IRR

  Creative Realty Partners acquired the The Oaks, a 148 unit apartment complex in Balch Springs, TX, in December of 2014. A $954,600 rehab budget (included in the initial acquisition financing) was allocated for interior, exterior, and amenity improvements. The capital improvements were completed within the first 18 months of ownership and facilitated raising rents to market, tapering expenses, and increasing the… Read more »