New Case Study | The Plaza Apartments | 150% ROI

Creative Realty Partners acquired the The Plaza Apartments, a 281 unit apartment complex in Jacksonville, FL, in December of 2017. A $1,027,000 rehab budget (included in the initial acquisition financing) was allocated for interior, exterior, and amenity improvements. The capital improvements were completed within the first 18 months of ownership and facilitated raising rents to market, tapering expenses, and increasing… Read more »

New Case Study | Villas at Cedar Creek | 161% ROI

Creative Realty Partners acquired the Villas at Cedar Creek, a 118 unit apartment complex in Jacksonville, FL, in November of 2017. A $483,000 rehab budget (included in the initial acquisition financing) was allocated for interior, exterior, and amenity improvements. The capital improvements were completed within the first 18 months of ownership and facilitated raising rents to market, tapering expenses,… Read more »

New Case Study | Reserve at Lake Buchanan | 167% ROI

Creative Realty Partners acquired the Reserve at Lake Buchanan, a 151 unit apartment complex in Orlando, FL, in June of 2017. A $500,000 rehab budget (included in the initial acquisition financing) was allocated for interior, exterior, and amenity improvements. The capital improvements were completed within the first 18 months of ownership and facilitated raising rents to market, tapering expenses,… Read more »

New Case Study | Colinas Royale | 128% ROI

Creative Realty Partners acquired Colinas Royale (formerly La Bella Palms), a 117 unit apartment complex in Dallas, TX, in June of 2017. A $620,000 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… Read more »

Creative Realty Partners Acquires 714 Units in Tampa, FL, Jacksonville, FL, and San Antonio, TX

Creative Realty Partners is pleased to announce the acquisition of three multifamily properties,totaling 714 units, in three high growth markets. The new acquisitions includes: Heritage at Temple Terrace, a 126-unit asset located in Tampa, FL; The Oaks at San Jose, a 200–unit community located in Jacksonville, Florida; and Escondido Village, a 388-unit community also located in San Antonio, Texas. All three properties in demonstrate physical and operational value-add opportunities. With over $5.5 million dollars… Read more »

New Case Study | Pepper Place | 213% ROI

Creative Realty Partners acquired the Pepper Place Apartments, a 88 unit apartment complex in Richardson, TX, in November of 2014.   A $709,000 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 increasing… Read more »

Creative Realty Partners Acquires a 4 Property, 692 Unit Multifamily Portfolio in DFW

Creative Realty Partners is pleased to announce the acquisition of four multifamily properties, totaling 692 units, in the Dallas-Forth Worth MSA. The portfolio includes: Corey Place, a 276-unit asset located in Grand Prairie, TX; Brittney Place, a 168-unit community located in Irving, Texas; The Heights, a 79-unit community also located in Irving, Texas; and Spanish Square a 168-unit asset located in Haltom City, Texas. All four properties in the portfolio demonstrate physical and operational value-add opportunities. Creative Realty Partners… Read more »

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 »

New Case Study | Silversmith Creek | 230% Cash-on-Cash Return | 72% IRR

Creative Realty Partners acquired the Silversmith Creek, a 140 unit apartment complex in Jacksonville, FL, in June of 2016. A $186,000 rehab budget (included in the initial acquisition financing) was allocated for interior, exterior, and amenity improvements. The capital improvements were completed within the first 12 months of ownership and facilitated raising rents to market, tapering expenses, and increasing the existing utility bill-back… Read more »