Leste Group And SAR Apartment Capital Complete $23.6M Acquisition Of Four Multifamily Properties In Columbus, Ohio
All four properties are located in the northeast submarket of columbus, which has enjoyed healthy demand over the past decade. Middle class, workforce housing is driving demand in the submarket and represents nearly half of all units rented there year to date.
SAR Apartment Capital continues expanding its Florida portfolio with the acquisition of the 54-unit, rental community “The Cottages At Magnolia” in Tallahassee.
SAR Apartment Capital identified an opportunity to double the unit count to 108 apartments by converting the oversized 4 bedroom/ 4 bathroom apartments into smaller, yet sizeable models.
SAR Apartment Capital Expands Its Portfolio Of Assets Into Tennessee
The purchase price was US$ 3,300,000 that comes out to $30,000 a house. We paid $30,000 a door for a 4 bedrooms/ 2 bathrooms/ 1200 sq. homes located on 43 acres of area.
84 Units Acquisition by Miami real estate SAR Apartment Capital LLC
SAR Apartment has acquired a 4million dollar 84 units multi-family complex in Atlanta, Georgia. This is a 1970’s property with huge potential, located in a upcoming area just in front of a mall where it will see big demand and we can increase rents by 40% through updated units.
434 Units Acquisition by Miami real estate SAR Apartment Capital LLC
Miami real estate investment firm SAR Apartment Capital LLC acquired a
distressed 434 units in Atlanta, Georgia for $20,200,000 at $46,500 a door.
Property is divided into two different assets; Brentwood Creek with 238 units and
Brentwood Heights 196 units .
519 Units Acquisition by Miami Real Estate SAR Apartment Capital LLC
The founders of SAR Apartment Capital, Sam Jazayri, Abiel Ballesteros and Rene Sanchez, sold 519 units in Decatur, GA for $29,900,000. The firm invested $10,000,000 to renovate the interior and exterior of the property, as the property was originally purchased distressed with an 80% vacancy for $3,100,000 in 2013.
SAR Apartment Capital Acquires 194 units in Columbus, Ohio for $8.3M
Ballesteros, Jazayri, and Sanchez searched throughout the Midwest market for class C apartments that would have a high return and purchased Forest Creek and Sharon Wood.
Miami real estate investment firm pays $2.8 million for Cypress Heights apartments
Pembroke Park real estate group buys Monroe Manor
A Pembroke Park-based real estate investment firm bought 41 multifamily units comprising 18 single-family, duplex and triplex properties for
Amid rising demand, investors acquire apartment portfolio in Little Havana
A group of investors has acquired a 103-unit apartment portfolio in Miami’s Little Havana, with plans to upgrade the properties
