Investment Objective
3 Pillar Investments, LLC has yield requirements that take into consideration the risks and opportunities presented by each market environment. 3 Pillar Investments, LLC focuses on sub-markets of growth and stability and properties below replacement cost. We prefer stabilized markets requiring a renovation or upgrade where the asset class is below that of the other competitive properties in its market.
Acquisition Criteria – Multi Family
| Property Type | Multi-Family Units |
| Asset Class | B to C assets |
| Occupancy | 80% or better – preferred but not required |
| Location Quality | A+ to C+ areas |
| Number of Units | 50 – 250 units – single asset or portfolio |
| Property Age | 1978 and newer preferred |
| Structure | Financed, loan assumptions, all cash, seller held notes, case-by-case |
| Growth |
Stabilized assets, operational and physical re-positioning |
Re-positioning is implemented by establishing an efficient property management and well run maintenance team. After stabilizing the project, 3 Pillar Investments, LLC looks to sell or retain the community as a well-run lucrative asset within three to five years.
Preferred Markets
Florida, Georgia, Tennessee, North Carolina, South Carolina, Nevada, Arizona, Colorado, New Mexico, Texas
