Exciting News: Northwoods Apartments is Now Closed!

We are excited to announce the successful acquisition of Northwoods Apartments! This is another significant investment for Diversified Equity Partners and a key milestone for our investors, reinforcing our commitment to providing successful opportunities.

Our Due Diligence Process

At Diversified Equity Partners, we conduct a thorough due diligence process. This includes a detailed review of the property's financials, physical condition, and market potential, ensuring our investments meet high standards.

Step 1: Finding The Right Partners

• Our team has a proven track record of success on various projects throughout North Carolina.

• One of our partners is a master in construction with extensive experience and certifications. He is a licensed General Contractor in both North Carolina and South Carolina and oversees a team dedicated to maintaining the highest standards of quality and efficiency.

• Our other partner has a background in property management, having overseen more than 2,700 units and improved assets valued at over $2 billion.

Step 2: Property Assessment

• Property Details: Northwoods Apartments, a 54-unit apartment complex built in 1985, currently has an occupancy rate of 92%.

• Bank Appraisal Exceeds Expectations: The property was appraised at a significantly higher value, securing $725K in instant equity!

• Value-Add Opportunities: We have identified potential for increasing rents through cosmetic upgrades. Currently, the average rent at Northwoods Apartments is $589. Following renovations, we aim to strategically increase rents to $1,100.

Step 3: Market Analysis

• Strategic Location: Mount Airy is conveniently located 30 minutes from Winston-Salem and 60 minutes from Greensboro, providing easy access to amenities and job opportunities.

• Growth Zone: The city has been designated a growth zone by the State of North Carolina, which means it is eligible for enhanced economic incentives.

• Strong Schools: Mount Airy City Schools are consistently ranked among the top 10 schools in the state.

Step 4: Investor Returns

• Preferred 7% annual cash flow: Enjoy consistent income generation.

• Projected 2.05 - 2.10x equity multiple: Achieve significant returns on your investment.

• With projected ARR and IRR figures of 18%+ and 14-16%, respectively, this investment offers strong potential returns.

Looking To Invest?

Get in touch today to secure your spot on our VIP investor list and explore our lucrative investment opportunities.