Portfolio
See below for our most recent additions to our portfolio. Please join the Legacy Club if you're interested in learning about current investment opportunities.
Reliant Self Storage Fund I - SOLD Nov 2021
Length of Hold 27 months
Returns - 1.67x, 30% IRR.
The 10 property portfolio is made up of institutional quality value add and stabilized properties in Florida, South
Carolina, North Carolina, and Tennessee.
Covemark
The Covemark project is an ambitious Mobile Home Park (MHP) fund which provides investors with the opportunity to partner with an institutional grade operator, Treehouse Communities. MHPs continue to be in high demand due to the affordable housing crisis and provide investors with double-digit returns.
Reserve at Walnut Creek
Austin, Texas. 253 units.
Built in 2002, this is an institutional quality investment with exceptional amenities and is located in a growing area of Austin, less than 7 miles from downtown. Sponsor - Wildhorn Capital.
Lexington
Dallas, Texas. 410 units.
This value-add apartment complex was built in 1980 and is located in the highly desirable neighborhood of Richardson which has one of the top school districts in the country. Another solid investment from the Ashcroft team.
Estates at Las Colinas
Dallas, Texas. 415 units
This 1989 apartment complex is an institutional quality investment located in Irving, Texas. This submarket is home to eleven Fortune 500 companies including six headquarters. Sponsored by Ashcroft Capital.
Haven on Peoria - SOLD April 2021
Length of hold - 22 months
Returns 1.5x, 24% IRR
Glendale, AZ. 164 unit Apartment building. This garden style apartment complex in the Phoenix area was built in 1983 and has tremendous value-add potential in the 5th largest city in the US.
Sponsor- Whitehaven Capital
The Baxter at Westwood
Austin, Texas. 350 units
This 1983 apartment complex is located in thriving Northwest Austin, just 5 miles from the new Apple Campus and 8 miles from The Domain. It is a B+ class property in an A neighborhood.
Sponsored by Wildhorn Capital.
HIghlands of Preston
Plano, Texas. 380 units
This 1989 apartment complex is an institutional quality investment located in Plano, Texas. Plano has been the epicenter of job growth in the Dallas Forth-Worth area. Sponsored by Ashcroft Capital.
LIV at Winter Park
Orlando Florida. 278 Units
This 278-unit property located in the desirable Winter Park submarket of Orlando, FL Located on a lakefront with upscale amenities in one of the fastest growing locations in the nation.
Sponsored by Ashcroft Capital.
Haven on the Rail - SOLD August 2021
Length of Hold - 20 months.
Returns - 2.0x, 50% IRR
Phoenix, AZ. 94 Units
Located in the city of Mesa, this Class B- property was built in 1964 and 1985 and has tremendous value add potential.
Sponsored by Whitehaven Capital.
LIV at Valley Ranch
Dallas, Texas. 529 Units
This 1985 property is located in the highly desirable master-planned community in Irving. Irving has been nicknamed "The Headquarters of Headquarters" because of it's ability to attract major corporations.
Sponsored by Ashcroft Capital.
Patten East
Austin, Texas. 284 Units
Formerly known as Hawthorne at the District, this 1987 property is located in the hottest submarket of Austin, the East Riverside Corridor 3 milds from downtown Austin. A great opportunity, it is a B class asset surrounded by Class A development.
Sponsored by Wildhorn Capital.
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630 Fairview
Greenville, South Carolina. 120 Units
This unique investment is a townhome development with an average unit size of 1325 sf. Built in 1988 it resides in a market with excellent growth and highly ranked schools.
Sponsored by Park Capital Partners
Waxhaw Landing - SOLD August 2021
Length of Hold - 9 months.
Returns - 18% IRR
Charlotte, North Carolina
Land entitlement project - 500 lot subdivision will be sold to National Home Builder once entitled and permitted.
Sponsored by Buller River Land Development.
Sync at Liberty Hills
Houston, Texas. 228 Units
This is a Class A- asset in an A+ submarket, built in 2012. It is located on the NE side of Houston only 10 minutes from Houston's new business park, Generation Park.
Sponsored by Momentum Multifamily.
Home Star Storage - Memphis
This project is an acquisition of a two-story building in Memphis, TN for conversion to self storage. The business plan is to renovate the industrial building to Class A, climate controlled self-storage facility with 522 units and an additional 23 drive up units to be added in the form of portable units. The renovated building will have elevators and restrooms.
Braxton (Ascend) Waterleigh
The asset is a 354 unit luxury Class A 3-story garden apartment community located in the highly affluent Winter Garden submarket of the Orlando MSA. Recently completed in early 2021 by DHI Communities, a subsidiary of DR Horton Homes, the construction quality and location of the property make it one of the premier investment opportunities in the Orlando MSA
Sponsor - Passiveinvesting.com
Bluewater at Bolton's Landing
Built in 2019, this asset was built by a family owned developer in an affluent submarket of Charleston, South Carolina. Bluewater is a 350 unit 3-story garden apartment community.
Sponsor - Passiveinvesting.com
Home Star Storage Port Charlotte
Port Charlotte, Florida is an acquisition and conversion plan for an industrial space which will have 784 units and 81,513 SF upon completion. This will be a 2 story project, Class A, climate controlled with an elevator to the second floor. With drive by traffic of 36,000 cars per day, this area is underserved by self-storage, at the center of a suburban area that is growing rapidly with 3000 new homes in development within a 2 mile radius.
Bellaterra at Deerbrook
This multifamily asset was built in 2007, 360 units Class A three-story garden-style community. Located in the highly desirable area of Humble, Texas, this project is 100% Value-Add. This opportunity was fully subscribed in 48 hours!
Sponsor - Momentum Multifamily