Creative Realty Partners acquired the Villas at 17th Apartments, a 130 unit apartment complex in Kissimmee, FL, in September of 2016. A $250,000 rehab budget (included in the initial acquisition financing) was allocated for interior, exterior, and amenity improvements. The capital improvements were completed within the first 24 months of ownership and facilitated raising rents to market, tapering expenses, and… Read more »
