Investment
Strategy & Execution
Acquisition Strategy
Once acquired and funded, Avoca Property focuses on renovating and stabilizing investment properties. By drilling down on these often-distressed properties, we’re able to acquire high-value, high-demand properties in prime locations which, post-rehab, command significant rental income month after month, year after year.
Target
Properties
“Distressed” “B” Class apartment buildings requiring cosmetic upgrades, modernized unit turns, updated amenities, software integration for tenants and high touch management
Under-performing properties with market and/or management-related challenges
Off-market opportunities and direct-to-seller opportunities that can be negotiated directly with owner(s)
Primarily focused on the Midwest
Secondly partnering with JV partners and Co-Sponsors throughout the Midwest and Southeast
To that end, our strategy typically centers on secondary & tertiary markets with sizable populations, and steady economic growth. We anticipate these areas to increase in growth, opportunities and rental needs over time, making them ideal markets for pursuing multifamily investments. As interest rates and housing prices continue to climb, this will enable our investments to remain competitive with high-return potential.
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