TRAILS AT 2112

A LOOK INSIDE Trails at 2112

Acquired below replacement cost, Trails at 2112 is a 1980’s two-story, garden-style apartment complex spread across 12 buildings on 5.32 acres.

We are currently in the process of implementing our tried-and-true, boutique approach to asset transformation in order to capitalize on Modesto’s unmet demand for mid-level luxury apartments. This transformation will include tasteful and modern renovations inspired by the very best of the hospitality industry, as well as the addition of brand-new, resort-style amenities such as a dog park, club house, and multiple BBQ picnic areas.

The Modesto submarket has a very limited supply of mid-luxury apartment homes. Per a CoStar Market Report, the higher-end product type represents less than 5% of the available inventory. This limited supply of new housing in the submarket continues to strengthen our rental upside. There has only been 100 new market-rate multifamily units built over the past 10 years.

This is where Valiance intends to capitalize on the unmet opportunity.

KEY HIGHLIGHTS

Location: Modesto, CA

Units/Beds: 97

Property Type: Multifamily

Acquired: 01/2021

Acquisition Price: $17,750,000

Status: Under Construction

Project-Level IRR: 15.0%

Equity Multiple: 2.2x

KEY HIGHLIGHTS

Location: Modesto, CA

Units/Beds: 97

Property Type: Multifamily

Acquired: 01/2021

Acquisition Price: $17,750,000

Status: Under Construction

Project-Level IRR: 15.0%

Equity Multiple: 2.2x

Valiance Capital

Valiance Capital is a privately held real estate development and investment management company with a primary focus on multi-family and student housing properties.

GET IN TOUCH

Valiance Capital LLC
2425 Channing Way Suite B
PMB #820
Berkeley, CA 94704
investors@valiancecap.com

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©2021 Valiance Capital. All Rights Reserved.

GET IN TOUCH

Valiance Capital LLC
2425 Channing Way Suite B
PMB #820
Berkeley, CA 94704

investors@valiancecap.com

Valiance Capital is a privately held real estate development and investment management company with a primary focus on multi-family and student housing properties.

©2021 Valiance Capital. All Rights Reserved.