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: 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.

Sydney Oaks: Urban Revitalization

  • Asset Class: Townhouses Build Up
  • Acquired: Jan 2024
  • Portfolio Value: 36 MM
  • Value Add: New Consruction to Sale
  • Sydney Oaks is an emerging community in Cumming, Georgia, featuring 90 thoughtfully designed townhomes. Located just a mile from the newly established Cumming City Center, this pedestrian-friendly neighborhood offers residents convenient access to a variety of amenities, including retail, entertainment, and office spaces. The community emphasizes sustainability and quality, featuring energy-efficient homes and lush green spaces, providing an exceptional residential experience in one of Georgia's most sought-after locales.

    • Meadowbrook: 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.

    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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