SAR Apartment Capital continues expanding its Florida portfolio with the acquisition of the 54-unit, rental community “The Cottages At Magnolia” in Tallahassee.
SAR Apartment Capital identified an opportunity to double the unit count to 108 apartments by converting the oversized 4 bedroom/ 4 bathroom apartments into smaller, yet sizeable models.
The purchase price was US$ 3,300,000 that comes out to $30,000 a house. We paid $30,000 a door for a 4 bedrooms/ 2 bathrooms/ 1200 sq. homes located on 43 acres of area.
SAR Apartment Capital, Infinity Investment Solutions Inc, and Aramar Investments LLC join forces to acquire a distressed hotel near Orlando, FL to be converted into a multifamily property
Miami, FL – Today SAR Apartment Capital, Infinity Investments Solution, and Aramar Investments LLC are proud to announce the acquisition of a multimillion-dollar distressed property near Orlando Florida,
SAR Apartment has acquired a 4million dollar 84 units multi-family complex in Atlanta, Georgia. This is a 1970’s property with huge potential, located in a upcoming area just in front of a mall where it will see big demand and we can increase rents by 40% through updated units.
Miami real estate investment firm SAR Apartment Capital LLC acquired a
distressed 434 units in Atlanta, Georgia for $20,200,000 at $46,500 a door.
Property is divided into two different assets; Brentwood Creek with 238 units and
Brentwood Heights 196 units .
The founders of SAR Apartment Capital, Sam Jazayri, Abiel Ballesteros and Rene Sanchez, sold 519 units in Decatur, GA for $29,900,000. The firm invested $10,000,000 to renovate the interior and exterior of the property, as the property was originally purchased distressed with an 80% vacancy for $3,100,000 in 2013.
Ballesteros, Jazayri, and Sanchez searched throughout the Midwest market for class C apartments that would have a high return and purchased Forest Creek and Sharon Wood.
A Miami-based real estate investment firm bought the 41-unit Cypress Heights apartments Aug. 4 for $2.81 million. Concession Management LLC, through Palazzo Jacksonville LLC, is led by Abiel Ballesteros, Sam Jazayri and Rene Sanchez. It paid $68,536 per unit for the property at 6650 103rd St. in West Jacksonville. Cypress Heights, formerly the Windy Pines […]
A Pembroke Park-based real estate investment firm bought 41 multifamily units comprising 18 single-family, duplex and triplex properties for
A group of investors has acquired a 103-unit apartment portfolio in Miami’s Little Havana, with plans to upgrade the properties