Saint Anthony Gardens presents a compelling opportunity to acquire a fully unit-interior-renovated, multifamily asset with continued upside through a targeted amenity enhancement program, including improvements to the fitness center, clubhouse and leasing office, and the addition a dog park and other outdoor amenities / grilling area to support increasing in-place rents to market-supported levels. Additional revenue upside remains through the implementation of 3rd party management/SEO, other Income competitor calibration, and addition of 2+ units where the leasing office is currently located.
Additionally, the ability to develop a fully amenitized Phase 2 of 200+ units exists by purchasing the adjacent seller owned entitled development site.