Acquisitions
Our founders have been investing in rental real estate since 2000. More recently Gateway Dalton was purchased in 2018 and Gateway Calhoun was purchased in 2019. Below is the owner’s review of sponsored assets.
Case Studies
Gateway Dalton
The purchase of 99 units in Dalton Georgia was based on the opportunity to buy a stabilized property at a good basis in a growing area. Incremental improvements allowed substantial revenue growth which was recently realized through a refinance. Investors have received over 2.5x their initial investment while still owning an asset valued at 5.5x their investment (based on 7.5% Capitalization Rate).
Gateway Calhoun
The purchase of 96 units allowed us to purchase another stabilized asset at a very reasonable price. We were able to improve the revenue at this asset with very little capital investment while finding modest expense reductions. While it was our goal to hold this asset long-term, an aggressive offer allowed us to sell above where we had expected to sell several years from now. Investors received over 4x their initial investment.
Our Deliverables to Owners and Investors
We have recently become more active in looking to acquire assets and expect to find several interesting opportunities over the next twelve months. If you would like to schedule a call to discuss this further or be added to our distribution list of new deals, get in touch.
