Property Type: Garden Style Apartments (preferred)

Asset Class: B+ to C+ (Primary focus is B class assets)

Location Quality: A+ to C+

Property Size: 100+ units; single asset or portfolios

Pricing: $1.0M to $20M+

Property Vintage: 1978+

Morning Star Investments has yield requirements that are commensurate with the risks and opportunities presented by each property. Morning Star focuses on sub-markets of growth and stability with “barriers to entry” and/or properties available below replacement cost and market value. Additionally, we prefer stabilized properties (min 85% occupancy) requiring a renovation or upgrade where the property’s grade or class is below that of the other competitive properties in its market.

Morning Star Investments sources stabilized and value-add apartment properties of 100+ units in size and repositions them by:
         1. adding capital improvements; and
         2. reducing expenses by creating operational efficiencies through the implementation of institutionalized property management.

​Morning Star Investments will then sell the community as a stabilized asset within five to seven years.Type your paragraph here.

INVESTMENT CRITERIA

ACQUISITION CRITERIA

​​​​INVESTMENT CRITERIA

Telephone: +1.3104080502

 Email: edgar@morningstarinv.com