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  • Bill Herr

HM Columbus, LLC - Interior upgrades completed on 94% of units


The Property Manager provided the following update on HM Columbus, LLC a Growth Series investment:

Interior upgrades have been completed on 302 units (94%) of the units in the portfolio. Management allowed attrition at the property to drop so vacant units can be upgraded swiftly and expeditiously.

  • Expect last 20 units to complete interior renovation by end of April 2016.

  • Upgrade curb appeal with new landscaping and lighted signage.

  • Deliver washers & dryers to units with connections.

  • Asphalt pavement road work.

  • Build a maintenance shed at Oak Run.

  • Garage doors repair/replacement at Creekbend.

The Creekbend Apartments: a 64-unit multi-family apartment complex - 97% leased, 88% occupied

100% (64 units) interior upgrades are finished; installation of exterior LED lighting completed.

The Oak Run Apartments: a 86-unit multi-family apartment complex - 99% leased, 98% occupied

100% (86 units) interior upgrades are completed. Installed pet waste stations, exterior LED lighting.

and office unit upgrades.

The Wyndham Ridge Apartments: a 172-unit multi-family apartment complex - 90% leased, 86% occupied

152 vacant units (88%) with interior upgrades are completed.

HM Columbus, LLC Investment Overview

Previous Updates:

Update on February 17, 2016

Update on November 5, 2016


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