Ownup Capital - Assets
Macon Pointe Apartments - 74 Units
A recent acquisition in late 2017, Macon Pointe is a 74 unit property, consisting of 60 spacious two-bedrooms and 14 one-bedroom units located in Memphis, Tennessee. Relying on our team of dedicated proffesionals across the country we identified this value add opportunity and upon acquisition got to work bringing rents up to market rate while revitalizing the property and adding value to the community.
Villa De Lucerne - 16 units
616 Lucerne Ave purchased in 2021, is a long term asset in downtown Lake Worth Beach. Right in the heart of downtown, this apartment building sees extraordinary demand and great living. The night life is lively and a one block walk away. This asset will be a long term hold with fascinating returns.
The Apartments at 203 4th Ave - 6 Units
Located in Lake Worth Beach, Florida and a block from the desired intracoastal waterway, this complex was completely economically vacant at purchase and in need of an aggressive repositioning plan. Through intensive renovations inside the units as well as exterior improvements, this property has performed exceptionally well for the company by generating high returns and a continued level of full occupancy with a resident waiting list. It has also helped in gentrifying the immediate area and has raised the standard of living. This asset produced 3X returns to the partners.
Lakeview Apartments - 8 Units
Located across from Lake Osbourne in Lake Worth, Lakeview Apartments is an 8 unit property with frontage on Lake Worth Road. With tens of thousands of cars that drive by each day, the demand for this property is second to none. Formerly a rehabilitation facility, our investor team renovated the property and repositioned it for traditional rentals and increased the value by a 2X multiple. Ultimately has redevelopment plans given it’s waterfront location to the beautiful Lake Osbourne.