Prosper Reality

INVESTMENT OPPORTUNITIES

Typical Investment Opportunities

Single-Family Homes

These properties are designed for one family to live in and offer a private outdoor space. They are the most common type of residential real estate and can be standalone houses with yards or patio spaces.

Multi-Family Homes

These residential buildings have multiple units or apartments in them and can range from duplexes and triplexes to high-rise apartment buildings. They offer a variety of investment opportunities and are ideal for those looking for rental income.

Condominiums

These are individual units within a larger building or complex. Condo owners typically own their unit and share ownership of common areas such as hallways, elevators, and parking lots. They offer a low-maintenance lifestyle and are ideal for those looking for a lock-and-leave property.

Townhouses

These multi-level homes share walls with other homes in a row or block. They offer more privacy than apartments but may have limited outdoor space. They are an excellent investment option for those looking for affordable housing.

Current Initiatives

Recent Initiatives

Gibsonton's Tropical Transformation

  • Asset Class: Mobile Home Park
  • Acquired: August 2021
  • Purchase Value: $2.1 million
  • Value Add: Brand New Construction including horizontal development.
  • The Gibsonton Tropical Home is a carefully designed property that is being constructed from scratch. This remarkable estate in Gibsonton, Florida, was purchased for $2.1 million. It features 72 expansive lots tailored for mobile homes, offering an ideal balance of convenience and a tropical lifestyle.

Meadowbrook's Infill Revolution"

  • Asset Class: Mobile Home Park
  • Acquired: May 2022
  • Purchase Value: 1.7 MM
  • Value Add: In-Fill
  • Meadowbrook Estates, located in Gainesville, Florida, was purchased for $1.7 million with the intention of refurbishment. The estate, with zoning for 44 pads, currently hosts 11 residences (consisting of 10 mobile homes and an office). The goal is to enrich the property by introducing 28 additional homes, establishing a vibrant and sought-after community.

    • Aubrey: Accessible Luxury

  • Asset Class: Multifamily Build Up
  • Acquired: Nov 2023
  • Purchase Value: 45 MM
  • Value Add: New Construction to Sale
  • This prestigious 600-apartment A-class complex is the perfect blend of luxury and convenience, designed to offer residents a high-end living experience. What sets this offer apart is the advantageous low entry point, making it an accessible yet lucrative investment. Great chance to acquire a valuable asset in a thriving location, promising impressive cash returns and potential asset appreciation.

    • Georgetown: Land Potential

  • Asset class: Land
  • Acquired: Sept 2021
  • Purchase Value: $2.72 million
  • Value Add: Land Development
  • A significant tract of 170 acres was purchased in Georgetown for the sum of $2.72 million. This considerable investment provides enormous possibilities for development and growth in the flourishing community of Georgetown.

    • Williamson: Expansive Prospects

  • Asset class: Land
  • Acquired: August 2021
  • Purchase Value: $5.3 million
  • Value Add: Land Development
  • A major purchase unfolded in Williamson, Texas, with a vast expanse of 530 acres changing hands. This considerable property bought for an impressive sum of $5.3 million, offers profitable potential for both development and investment within the locale.

    • Manor: Future Developments

  • Asset class: Land
  • Acquired: October 2021
  • Purchase Value: $9.92 million
  • Value Add: Land Development
  • A major transaction was carried out in Manor, Texas, encompassing adjacent plots of 67 and 57 acres, respectively, for a substantial purchase price of $9.92 million. This extensive tract of land offers considerable prospects for development and investment, all within the thriving community of Manor. This investment could open doors for a range of diverse projects.

    • Lithia: Promising Terrain Lithia: Promising Terrain

  • Asset Class: Land
  • Acquired: December 2021
  • Purchase Value: $600 K
  • Value Add: Land Improvement
  • A generous 15-acre plot was secured in Lithia, Florida, for a sum of $600K. This expansive property enjoys a prime location opposite Alafia State Park, offering a fantastic opportunity for the establishment of a vibrant community. Its scenic setting and closeness to the park provide the potential for projects centered around residences, leisure activities, and community initiatives. This purchase sets the stage for the development of a thriving, diverse neighborhood that capitalizes on the region's inherent beauty and facilities.

    • Fishhawk: Prime Possibilities

  • Asset Class: Land
  • Acquired: 2021
  • Purchase Value: $400 K
  • Value Add: Conversion to 18 Residential lots
  • A sizeable 4-acre property was acquired in Fishhawk, Florida, for $400K. The intention is to transform it into 18 distinct residential plots for single-family homes. This acquisition signals an enticing prospect for residential expansion within the thriving Fishhawk community. Given the land's ideal location and ample dimensions, it offers sufficient room to develop an attractive neighborhood composed of standalone homes.

    • Completed Initiatives

    Triad: Townhome Turnaround

  • Asset Class: fractured townhomes
  • Acquired: July 2019
  • In July 2019, an ensemble of 28 townhomes was secured as a segment of a 36-townhome community, for 3 million dollars. Following an extensive renovation, the townhomes were eventually sold for a considerable sum of 5.8 million dollars. This fruitful undertaking underscores the value generated through a thorough refurbishment, culminating in a substantial return on investment in just under 2 years.

    • Pine Knot: Wholesale Revamp

  • Asset Class: fractured townhomes
  • Acquired: 2019
  • In 2019, Prosper Realty Partners participated in purchasing a 15% interest in a community for $3 million. These properties were subsequently sold for a collective sum of $3.42 million, displaying a fruitful investment and yielding a profitable return. Each unit is being listed by investors for $260k, leading to a doubling in equity multiple. This initiative exemplifies the project's mastery in the real estate arena, demonstrating their adeptness in procurement and resale operations.
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