Whispering Oaks Apartments are in the Houston suburb of Conroe, Tx. When Praxis acquired the property it was a neglected Class C property. We renovated all of the unit interiors with new appliances, light fixtures, plumbing fixtures, flooring and paint. We also performed many enhancements to the exterior to improve curb appeal. The property was a…
Praxis Capital acquired the former Walnut Grove Apartments in Austin, TX and completed a major rehabilitation of the interior and exterior of the buildings and landscaping. This complex consists of five buildings, all of which are two-story garden-style walk-ups. Within 12 months of acquisition, the entire property had been reconstructed and stabilized, with occupancy rising from…
Praxis acquired this class B asset in need of interior upgrades and exterior enhancements. We upgraded the interiors with new appliances, fixtures, flooring and paint. The exterior was re-sided and painted and the landscaping, pool and common areas were enhanced. By year three, Praxis had achieved the forecasted year 5 income. The property received the prestigious “Top…
Purchased a 10,000 square foot commercial building with 1.75 acres of vacant land. Converted the building to 62 climate controlled self storage units, then constructed 240 conventional self-storage units from the ground up on the excess land. State-of-the-art facility with modern security features. Survived through every possible challenge–steel prices doubling during construction, city adding on…
Flint River Apartment Homes is located in the Atlanta area, which is one of the top performing apartment markets in the country. The property is a 200-unit Class C garden-style multifamily property located in Clayton county. For the first quarter of 2017, the submarket recorded an average occupancy of 97% which was the fourth-highest occupancy percentage…
Tara Hill Apartment Homes are in Jonesboro, Georgia. The entrance to the community is right off Tara Boulevard just past North Avenue. The property is shaded by mature trees that enhance the quiet park-like setting. Community amenities at this pet friendly property include a sparkling swimming pool, picnic area with grills and a playground. This…
Turtle Creek Apartment Homes is in Lutz, Florida; located only a few short miles from downtown Tampa and minutes from the University of South Florida. Turtle Creek has newly renovated, spacious 1 and 2-bedroom units. Community amenities at this pet-friendly property include a resort-style pool and spa, cardio fitness center, and picnic area with grills….
Birch Run is in Clarkston, Georgia. The entrance to the community is lined with trees, creating a canopy feel which opens to a beautiful, mature serene wooded environment. Community amenities at this pet-friendly property include a sparkling swimming pool, sports court, picnic area with grills and a dog park. This lifestyle community has excellent access…
Villas de Sendero is a 209 unit class B multifamily property located in the Westover Hills area of San Antonio’s northwest side. Homes average 747 square feet and include ceiling fans, mini-blinds, plush carpet, faux wood floors, spacious closets, bathrooms with tile surrounds, ceiling fans and private patios/balconies. Select units include black appliances, brushed nickel…
The Altezza is a class-A Condominium project in Oakland California near the border of Berkeley and Emeryville. The Altezza has amazing views of the Golden Gate and Bay Bridges and a spacious common roof deck.
Ocean Village is just blocks from the beach. Ocean Village offers two, three, and four bedroom multi-level townhomes, each with its own private roof deck with expansive ocean views. Amenities include a fitness center, rooftop patios, granite counters, custom cabinets and a central location that is within walking distance to shops and restaurants.
Carriage Place Apartments are located in North Houston, mid-way between City Center and the master-planned community of The Woodlands. The property was in a state of significant disrepair, needing enhancements to the exterior to correct deferred maintenance and improve curb appeal. The interiors were very dated and in disrepair. Immediately upon acquisition we commenced exterior renovations…
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