Multifamily Strategy.
The following criteria are used to identify undervalued multifamily properties for acquisition, value optimization, management, and disposition.
Focus Market.
We focus on acquiring apartment communities in Greater Houston (Houston – The Woodlands – Sugarland) and surrounding areas. Also, we like to invest in the Beaumont-Port Arthur Metropolitan Area and Surrounding Markets.
- Greater Houston is the 5th most populous metropolitan area in the USA
- Business-friendly
- High population growth
- High employment growth compared to the nation’s average
- Personal finance website NerdWallet named Beaumont – Port Arthur one of the “10 Best Places to Start a Business” thanks to its low annual housing costs and high business revenues. The area is best known for world-class industrial complexes and extensive pipeline infrastructure.
ALL INGREDIENTS FOR A SUCCESSFUL REAL ESTATE INVESTMENT
Acquisition And Funding.
We join forces with our investors and equity partners to fund the purchase
- We get a constant flow of deals to review.
- Evaluate property-specific criteria and analyze the asset through different real estate market cycles with conservative cash-on-cash expectations.
- The deal is then either purchased or discarded. If the deal is selected, we move quickly to close the transaction.
JP REI focuses on three major strategies.
- Identify Opportunities.
- Manage Risk.
- Create Value.
Value add & Repositioning.
We target underperforming assets, and we add value by building a robust business plan to maximize cash flow through:
- Making physical improvements and renovations to the property
- Effective property management
- We focus on repositioning the property by increasing occupancy, improving the tenant mix, and creating stronger leasing terms.
- We fill vacancies, therefore improving the net operating income and stabilizing the asset.
- Strategically structuring debt to maximize results.
Exit Strategy and Investor Returns.
Our ultimate goal is to forge long-lasting trust-based relationships with our investors.
Preserving and growing their capital is the way we demonstrate our commitment to that.
JP REI operates with the long-term goal of owning each asset outright and only removes equity from a property when the company determines it is in the best interest of all the partners involved.
Target investment assets include those that provide appreciation, depreciation, and cash distribution. At its base, our core strategy is to identify and acquire underperforming or distressed investment properties.
Our Criteria.
Asset Class
- B or C
Size
- 10 units or more
Age
- 1960 to 1999
Minimum Occupancy
- 80%, with the exception of properties that require renovation
