Executive Summary
Acquire a premium, highly stabilized luxury flex asset in the sought-after Cliffs community. Benefiting from extensive recent capital expenditures and a curated tenant roster, this property offers true passive income backed by streamlined, tech-enabled management.
Investment Highlights
Immediate Value-Add Potential: Clear, executable path to a $4,500,000 pro forma valuation through the mark-to-market of remaining legacy leases.
Turnkey & Passive Operations: Requires less than one hour per month from ownership. Day-to-day operations and leasing are seamlessly handled by an on-site professional and integrated property management software.
Premium Location & Amenities: High-visibility highway positioning within The Cliffs community, featuring luxury tenant amenities including a private walking trail and a large-scale water feature.
Extensive Recent CapEx: A comprehensive two-year stabilization and modernization program has been completed, effectively eliminating near-term deferred maintenance risks.
Recent Capital Improvements
HVAC Systems: Comprehensive upgrades completed across all units.
Roofing: Full enhancements and preventative maintenance performed.
Interiors: Extensive, high-end unit renovations.
Common Areas: Modernized tenant break room facilities.
Exterior: Complete parking facility restriping.
Security: Installation of an advanced, enterprise-grade camera network.
Operations: Implementation of cloud-based property management software.