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.
Our development plan calls for these 4/4 units with 1,590 sq. ft to be remodeled into two units of 1-bedroom/ 1-bathroom; and 2-bedrooms / 2-bathroom units, thus creating a value-add opportunity through operational and physical upside by adding full-time in-house maintenance and property management.