Current Holdings
Avocet
Ridgeline at Rogers Ranch
Overlook Exchange
The Crossings at Milestone
Oakwood Vista
Ellington Woods
Lealand Place
Ruston Homes
Location: Ruston, LA
Vintage: Varied (Single-Family)
No. Units: 157
Acquired: 2022
Louisville Homes
Location: Louisville, KY
Vintage: 1920-2000
No. Units: 308
Acquired: 2022
Louisville 46
Location: Louisville, KY
Vintage: 1920-2000
No. Units: 46
Acquired: 2022
Previous Holdings
Brookstone at Brookhaven
Location: 1322 Briarwood Road, NE, Atlanta, GA 30319
Vintage: 1970
No. Units: 158
Acquired: 2015
Sold: 2017
Purchase Price: $12,250,000
Sale Price: $17,930,000
Total ROI: 46%
Annualized ROI: 21%
Brookstone at Crossing
Location: 2010 Curtis Drive, NE, Atlanta, GA 30319
Vintage: 1965
No. Units: 199
Acquired: 2015
Sold: 2017
Purchase Price: $13,000,000
Sale Price: $18,860,000
Total ROI: 45%
Annualized ROI: 20%
Brookstone at Gardens
Location: 3649 Buford Highway, NE, Atlanta, GA 30329
Vintage: 1970
No. Units: 132
Acquired: 2015
Sold: 2017
Purchase Price: $7,300,000
Sale Price: $11,420,000
Total ROI: 56%
Annualized ROI: 27%
Brookstone at Grove
Location: 3524 Buford Highway, NE, Atlanta, GA 30319
Vintage: 1972
No. Units: 128
Acquired: 2015
Sold: 2017
Purchase Price: $7,800,000
Sale Price: $11,520,000
Total ROI: 48%
Annualized ROI: 24%
Brookstone at Square
Location: 2572 Lenox Road, NE, Atlanta, GA 30324
Vintage: 1974
No. Units: 111
Acquired: 2015
Sold: 2017
Purchase Price: $8,200,000
Sale Price: $10,000,000
Total ROI: 22%
Annualized ROI: 12%
Brookstone at Station
Location: 3630 Buford Highway, NE, Atlanta, GA 30329
Vintage: 1964
No. Units: 62
Acquired: 2015
Sold: 2017
Purchase Price: $3,500,000
Sale Price: $5,480,000
Total ROI: 57%
Annualized ROI: 27%
Brookstone at Terrace
Location: 3547 Buford Highway, NE, Atlanta, GA 30329
Vintage: 1964
No. Units: 135
Acquired: 2015
Sold: 2017
Purchase Price: $7,200,000
Sale Price: $11,400,000
Total ROI: 58%
Annualized ROI: 36%
Brookstone at Village
Location: 2615 Oak Shadow Lane, NE, Atlanta, GA 30345
Vintage: 1964
No. Units: 154
Acquired: 2015
Sold: 2017
Purchase Price: $8,300,000
Sale Price: $13,360,000
Total ROI: 61%
Annualized ROI: 37%
Brookstone at Villas
Location: 3446 Buford Highway, NE, Atlanta, GA 30329
Vintage: 1972
No. Units: 108
Acquired: 2015
Sold: 2017
Purchase Price: $7,450,000
Sale Price: $12,200,000
Total ROI: 64%
Annualized ROI: 31%
Cedars of Chalet
Location: 2 Shell Bark Road, Decatur, GA 30035
Vintage: 1962
No. Units: 151
Acquired: 2016
Sold: 2017
Purchase Price: $5,000,000
Sale Price: $7,500,000
Total ROI: 50%
Annualized ROI: 34%
Crystal Point
Location: 3321 Peppertree Circle, Decatur, GA 30334
Vintage: 1972
No. Units: 168
Acquired: 2014
Sold: 2017
Purchase Price: $2,400,000
Sale Price: $4,820,000
Total ROI: 101%
Annualized ROI: 35%
Deerfield Gardens
Location: 2909 Campbellton Road SW, Atlanta, GA 30311
Vintage: 1971/2009
No. Units: 376
Acquired: 2014
Sold: 2016
Purchase Price: $6,700,000
Sale Price: $8,840,000
Total ROI: 32%
Annualized ROI: 13%
Diplomat Townhomes
Location: 2700 Camp Creek Parkway, College Park, GA 30337
Vintage: 1971
No. Units: 124
Acquired: 2016
Sold: 2017
Purchase Price: $3,000,000
Sale Price: $4,220,000
Total ROI: 41%
Annualized ROI: 39%
Hidden Village
Location: 3041 Landrum Drive, Atlanta, GA 30311
Vintage: 1972
No. Units: 180
Acquired: 2013
Sold: 2015
Purchase Price: $3,000,000
Sale Price: $6,300,000
Total ROI: 110%
Annualized ROI: 60%
Lancashire Court
Location: 1055 Lancashire Circle, Stone Mountain, GA 30083
Vintage: 1984
No. Units: 64
Acquired: 2014
Sold: 2015
Purchase Price: $3,000,000
Sale Price: $4,220,000
Total ROI: 41%
Annualized ROI: 39%
Old Town Villas
Location: 2200 Goodby Road, Atlanta, GA 30349
Vintage: 1972
No. Units: 227
Acquired: 2014
Sold: 2017
Purchase Price: $4,070,000
Sale Price: $5,000,000
Total ROI: 23%
Annualized ROI: 8%
Sunny Cascade
Location: 415 Fairburn Road SW, Atlanta, GA 30331
Vintage: 1991
No. Units: 216
Acquired: 2013
Sold: 2018
Purchase Price: $4,700,000
Sale Price: $12,910,000
Total ROI: 175%
Annualized ROI: 36%
Villages on the River
Location: 6603 Church Street, Riverdale, GA 30274
Vintage: 1971
No. Units: 627
Acquired: 2015
Sold: 2017
Purchase Price: $10,000,000
Sale Price: $18,500,000
Total ROI: 85%
Annualized ROI: 34%
Wellington Court
Location: 3760 Flat Shoals Parkway, Decatur, GA 30034
Vintage: 1971
No. Units: 117
Acquired: 2014
Sold: 2016
Purchase Price: $1,600,000
Sale Price: $3,220,000
Total ROI: 101%
Annualized ROI: 43%
Willow Way
Location: 5890 Riverdale Road, Collega Park, GA 30349
Vintage: 1979
No. Units: 296
Acquired: 2014
Sold: 2016
Purchase Price: $4,700,000
Sale Price: $8,140,000
Total ROI: 73%
Annualized ROI: 42%
Woods at Glenrose
Location: 50 Mount Zion Road, Atlanta, GA 30354
Vintage: 1968/1998
No. Units: 142
Acquired: 2013
Sold: 2017
Purchase Price: $1,810,000
Sale Price: $4,200,000
Total ROI: 132%
Annualized ROI: 32%
Ashford Oaks
Location: 6350 Oakley Road, Union City, GA 30291
Vintage: 1974
No. Units: 260
Acquired: 2016
Sold: 2019
Purchase Price: $16,500,000
Sale Price: $22,720,400
Total ROI: 38%
Annualized ROI: 13%
Ashford Town & Country
Location: 50 Clay St, Fairburn, GA 30213
Vintage: 1965
No. Units: 132
Acquired: 2016
Sold: 2019
Purchase Price: $6,900,000
Sale Price: $10,809,600
Total ROI: 57%
Annualized ROI: 19%
Brookfield
Location: 3072 Washington Road, Atlanta, GA 30344
Vintage: 1965
No. Units: 120
Acquired: 2016
Sold: 2018
Purchase Price: $2,850,000
Sale Price: $5,400,000
Total ROI: 89%
Annualized ROI: 45%
Friendly Hills
Location: 10 Friendly Hills Drive, Decatur, GA 30035
Vintage: 1998
No. Units: 168
Acquired: 2016
Sold: 2019
Purchase Price: $11,400,000
Sale Price: $16,800,000
Total ROI: 47%
Annualized ROI: 16%
The Reserve
Location: 5650 Hillandale Drive, Lithonia, GA 30058
Vintage: 1988
No. Units: 252
Acquired: 2016
Sold: 2019
Purchase Price: $16,300,000
Sale Price: $23,940,000
Total ROI: 47%
Annualized ROI: 16%
The Villas at Duluth
Location: 1470 Boggs Road NW, Duluth, GA 30096
Vintage: 1991
No. Units: 164
Acquired: 2019
Sold: 2022
Purchase Price: $21,812,000
Sale Price: $37,720,000
Total ROI: 73%
Annualized ROI: 29%
Paces Crossing
Location: 4300 Jimmy Carter Boulevard, Norcross, GA 30093
Vintage: 2001
No. Units: 260
Acquired: 2017
Sold: 2022
Purchase Price: $33,800,000
Sale Price: $65,000,000
Total ROI: 92%
Annualized ROI: 19%