PORTFOLIO

Maple Manor Apartments, a 72-unit apartment complex in McAllen, TX, presented a compelling investment opportunity for Capital Advisors. This C class asset, situated in a B class location, offered tremendous potential for repositioning and acquiring the property at a remarkable basis of $39,000 per unit. Comparable properties in the area were trading at significantly higher prices, with similar condition units fetching $60-75k/unit and stabilized properties exceeding $85k/unit.

The property's mismanagement by a long-term owner, whose primary business was not real estate, provided an opportunity for Capital Advisors to step in and implement a strategic repositioning plan. The lack of quality staff and oversight led to underperformance and unrealized potential. With the expertise and experience of the Capital Advisors team, the property was acquired, and comprehensive renovations were executed to elevate its market value.

Through diligent management and strategic improvements, Maple Manor Apartments achieved outstanding results. The targeted return of doubling investor funds was realized, with an impressive 16.44% internal rate of return (IRR). This success serves as a testament to Capital Advisors' ability to identify undervalued assets, unlock their potential, and generate substantial returns for investors.