Hilltop Village

Hilltop Village

LOCATION Kansas City, MO ASSET TYPE Class B multifamily – 124 units Ownership period: 2016-2021 Return on Equity: 193.3% Annualized return on Equity: 33.7% Increase in value: 86.2% Increase in Collected Income: 38.7% Hilltop Village was the twelfth asset to be taken...
Serendipity

Serendipity

Location: Dallas, TX Asset Type: Class C multifamily – 343 units Ownership period: 2014-2017 Return on Equity: 48.6% Annualized return on Equity: 16.3% Increase in value: 44.5% Increase in NOI: 34.6% Serendipity’s financial performance suffered in the short term....
Fireside

Fireside

Location: Colorado Springs, CO Asset Type: Class C multifamily – 108 units Ownership period: 2012-2018 Return on Equity: 400.9% Annualized return on Equity: 61.7% Increase in value: 344% Increase in NOI: 59.3% PREP acquired Fireside in February 2012 for $3.95MM. We...
Fairway View

Fairway View

Location: Colorado Springs, CO Asset Type: Class C multifamily – 116 units Ownership period: 2013-2017 Return on Equity: 112.1% Annualized return on Equity: 24.8% Increase in value: 76.0% Increase in NOI: 32.2% Fairway View was the second asset acquired as part of the...
Avalon Valley

Avalon Valley

Location: Colorado Springs, CO Asset Type: Class C multifamily – 105 units Ownership period: 2013-2019 Return on Equity: 219.3% Annualized return on Equity: 42.2% Increase in value: 307% Increase in NOI: 59.3% PREP acquired Avalon in November 2013 for $3.3MM. We...