Properties/Deal History

5873 Ted Trout Drive

Lufkin, TX 75904

Syndicated purchase of a newly constructed, 192 unit/33,750 sf self-storage facility in Lufkin Texas with a purchase price of $2,950,000.  Purchased at certificate of occupancy the property at zero occupancy.  Peak Investments is in the process of leasing the property to stabilization.  Once stabilized the property will be valued at approximately $4,500,000.

Portfolio – Industrial & Retail

Cincinnati, OH MSA, Ft Worth, TX MSA & Wichita, KS

Syndicated purchase of seven property portfolios valued at $14.2MM.The portfolio includes five industrial buildings in Florence KY, (Cincinnati, OH, MSA) totaling over 100k SF.  Re-tenanted one of these buildings after purchase, with a 10-year term, stronger national credit tenant, which increased the value of the portfolio by over $2.0MM. The portfolio also included a 17k SF retail center in Burleson TX, (Ft Worth, TX MSA) and a 25k SF distribution building in Wichita KS. Currently working on expanding the Wichita building by acquiring adjacent land.

3712 Klondike Ln

Louisville, KY 40218

Syndicated purchase of a $4.6MM, 127-unit multifamily property in Louisville, KY. Renovated 57 units with all new plumbing/baths, kitchen cabinets, flooring etc. Increased rents by $200-$300 per unit. Also completed extensive exterior capital improvements, including new roof, parking lot and other renovations throughout the project. Sold the property approximately 3 years later for $8.9MM, for a 24.6% IRR and a 1.9 multiple to investors.

1409 East Park Ave

Hereford, TX 79045

Purchased a 30k SF self-storage facility with 214 units in Hereford TX. Also purchased an adjacent single tenant, Fastenal occupied, building. The complex was underperforming with poor management. Turned around the entire property with better management and sold for a substantial profit.

7305 Autumn Trace Dr

Louisville, KY 40214

Purchased remaining land of a 100+ unit condo complex. Re-plated land for 17 to be built condo units within four buildings. All 17 units built.

1231 Bardstown Rd

Louisville, KY 40204

Purchased an 8 unit apartment building and converted into 6 high-end condos all of which have sold.

12206 KY Highway 555

Willisburg, KY 40078

Purchased raw ground and developed into 31 single family lots. Sold the lots to builders and investors and built homes as well.

Note Purchases

Purchased from various banks notes secured by commercial real estate. Worked through the notes for a substantial return to investors.