Active Holdings
Stabilized Properties
Gainesville Industrial
16 unit multi-tenant industrial building in Gainesville GA (Atlanta MSA). Acquired with 5% interest-only seller financing. At acquisition, suites leased for $650-850/mo. All units rehabbed and fully leased at an average rate of $1,625/month.
Cumming Industrial
4 unit multi-tenant industrial building in Cumming GA (Atlanta MSA). At acquisition, suites were leased at $3,000/mo. Through professional leasing and positioning, we nearly doubled our rental rates to $5,625/mo per suite, and achieved 100% occupancy at new rents.
Woodstock Industrial
7-suite multi-tenant industrial building in Woodstock GA (Atlanta MSA). At acquisition, suites were leased for as low as $9/sqft GROSS. All suites have been re-leased at a minimum $12.75 NNN, equivalent to $15.50 GROSS rents.
Decatur Self Storage
179 unit self-storage facility in Decatur AL (Huntsville MSA). Acquired 90% occupied but only 50% of tenants paying. Active management drove revenue from $7.5K to $16-17K/month within 12 months.
Woodstock Self Storage
229 unit self-storage facility in the high growth Woodstock, GA market (Atlanta MSA). Acquired at 55% occupancy with 4.25% interest seller-financed note. Professional management and leasing from Redwood Operations LLC helped drive revenue from $14K to $26-28K/month and occupancy to 80-85%.
Toccoa Self Storage
379 unit self-storage facility in Toccoa, GA. 100% occupied at acquisition, professional management and market pricing helped us grow revenue from $20k to $35k per month.
