The Landings at Southpoint
The Landings at Southpoint was an underperforming, mismanaged asset in need of significant physical and operational rehabilitation. A comprehensive value-add strategy was executed, addressing deferred maintenance and capital needs across the property while upgrading unit interiors as needed.
NOI growth was driven by the value created through capital improvements, increased rents, reduced expenses, and an enhanced resident experience that improved retention.
Jacksonville, FL
108 Units
Acquired Off-Market 2016
Sold in 2022
Value-Add