Case Studies Archive - Creative Realty Partners

Tree Top

crp_admin — Thu, 12 Jan 2023 17:36:19 +0000

Tree Top Apartments, a 128 unit apartment complex in Grand Prairie, TX, was acquired in September of 2020. A $1,237,500 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 and increasing... Read more »

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Heritage at Temple Terrace

crp_admin — Mon, 28 Feb 2022 21:09:16 +0000

Heritage at Temple Terrace, a 126 unit apartment complex in Temple Terrace, FL, was acquired in March of 2019. A $982,800 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 and increasing the... Read more »

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The Fountains

crp_admin — Mon, 28 Feb 2022 21:08:05 +0000

Fountains Apartments, a 101 unit apartment complex in San Antonio, TX, was acquired in March of 2018. A $518,000 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. By increasing the rents by... Read more »

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The Oaks at San Jose

crp_admin — Mon, 28 Feb 2022 21:07:11 +0000

The Oaks at San Jose, a 200 unit apartment complex in Jacksonville, FL, was acquired in February of 2019. A $2,050,000 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. By increasing the... Read more »

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Corey Place

crp_admin — Mon, 28 Feb 2022 21:03:59 +0000

Corey Place Apartments, a 276 unit apartment complex in Grand Prairie, TX, was acquired in July of 2018. A $1,380,000 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. By increasing the rents... Read more »

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Villas at 17th

crp_admin — Mon, 28 Feb 2022 21:01:33 +0000

Villas at 17th Apartments, a 130 unit apartment complex in Kissimmee, FL, was acquired 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 increasing... Read more »

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Brittney Place

crp_admin — Mon, 28 Feb 2022 21:00:31 +0000

Brittney Place Apartments, a 169 unit apartment complex in Irving, TX, was acquired in July of 2018. A $1,014,000 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 the... Read more »

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The Heights

crp_admin — Mon, 28 Feb 2022 20:58:59 +0000

The Heights Apartments, a 79 unit apartment complex in Irving, TX, was acquired in July of 2018. A $331,800 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 »

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Planters Walk

crp_admin — Tue, 06 Oct 2020 19:28:37 +0000

The Planters Walk, a 216 unit apartment complex in Jacksonville, FL, was acquired in February of 2017. A $400,000 rehab budget (included in the initial acquisition financing) was allocated for interior, exterior, and amenity improvements. The capital improvements were completed which facilitated raising rents to market, tapering expenses, and increasing the existing utility bill-back program, which... Read more »

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The Plaza Apartments

crp_admin — Wed, 05 Feb 2020 20:50:20 +0000

The Plaza Apartments, a 281 unit apartment complex in Jacksonville, FL, was acquired 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... Read more »

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