What We Do?
Worth Avenue Real Investments is a real estate investment firm utilizing institutional private equity for apartment investments.
Our primary asset class is value-add multifamily property, typically 100 units minimum and located in B and C suburban and metropolitan areas which demonstrate consistent rent growth, low vacancy and a growing Real GDP.
The firm repositions properties through operational efficiencies, moderate to extensive renovations and complete rebranding.We target long term growth markets in order to achieve stability and long term rental and value appreciation.
As a seasoned real estate investor, my team and I have thousands of hours mastering apartment investing. We train our team to pay attention to the little things at the property level that makes the most impact.
OUR INVESTMENT STRATEGY
We acquire multifamily assets in prime locations by extensively underwriting 95% of all assets in the markets we follow. This gives us great deal flow, allowing us to go after deals that meet our criteria. Using conservative underwriting and appreciation assumptions, we expect these opportunities to increase in the coming years. Our strategy is to patiently acquire, manage and operate multi-family assets which generate high yields and passive cash flows. We selectively position ourselves to take advantage of opportunities on the horizon. In addition, we only target strong employment centers with growth and stability trends.
EMPLOYMENT DRIVERS
Strong Employment Drivers Provide Stable Rent Income And Lower Risk Of The Investment By Keeping Occupancy Rates High
SUPPLY CONSTRAINTS
Submarket must have high barriers to entry and a population growth sufficient enough to absorb scheduled future supply
GDP GROWTH
Avoiding markets nearing a potential bust and are currently experiencing low cap rates
MULTIFAMILY CAP TRENDS
In order to achieve 10-15% annual returns, the economics of the metro area must be very strong, Yet the cap rates cannot be below 8%
MULTIFAMILY RENTAL TRENDS
Growing rents serve as an important indicator of a healthy and stable economy with lower associated risk of investment
MULTIFAMILY OCCUPANCY TRENDS
Healthy occupancy rates signal a growing population that is outpacing the current supply of new apartments
TARGET MARKETS
- UTAH
- IDAHO
- TEXAS
- FLORIDA
- WASHINGTON
- ARIZONA
- GEORGIA
- LOUISIANA
- SOUTH CAROLINA
OUR PORTFOLIO
Examples of developments completed in Houston, Texas.
Sold for $790k
Sold for $1.18M
Typical rental properties on our portfolio in Houston, TX.
Typical rental properties on our portfolio in Milwaukee, WI.
