STRATEGY


The Basics

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We Buy & Manage

We leverage in-house processes, tools, and market expertise to buy the right property and manage the investment throughout the entire life cycle, from purchase to sell. We take care of everything for our investors, so they don't have to.

You Invest & Profit

Your investment means you own a percentage of the property directly as a passive partner on the deal. Enjoy regular cash flow, market-beating returns, and tax advantages. This is achieved through quarterly disbursements from profits collected through rents and operations, in addition to, equity split at the end of the holding period.

Approach

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Pride Investment Partners focuses on acquiring Class B & C value-add multifamily properties in strong secondary and tertiary markets. We implement a moderate value-add strategy through unit renovations, exterior upgrades, and expense reduction. We hold properties for 3-7 years and sell them by the end of the hold period or when markets are at a desirable time to sell.


Acquisition Criteria

  • Class B & C multifamily located in C+ to A areas

  • Size & Value: 50+ units in the $4-20MM range

  • Vintage: 1980 or newer preferred, just outside of the urban core

  • Market: strong economic indicators and apartment fundamentals

Market


Property


Value



Why Multifamily?

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Historically, multifamily has been the least volatile real estate asset class during financial downturns, while offering exceptional return potential during upcycles. Multifamily is one of the best options in the real estate asset class as demonstrated by the research from National Multifamily Housing Council (NMHC) on why multifamily investing returns can’t be beat.

Purchasing apartments is not reserved for the wealthy. The power of leverage and amortization allow us to acquire larger properties and use rental income to pay down the debt creating equity.

CASH FLOW

Multifamily properties generate consistent passive income through rent collection and other resident services/fees. Investors receive a quarterly distribution from this cash flow once the expenses are paid.

STABILITY & DEMAND

Multifamily is less volatile and continues to outperform traditional stock and bond investments. As home ownership drops and population continues to increase, apartment demand is driven higher and higher.


TAX BENEFITS

Depreciation allows you to get a tax benefit in each year that you hold the property., oftentimes outweighing much or all the income you generate.

APPRECIATION

Forced appreciation is one of the fastest ways to build equity. Through the purchase of properties that are undervalued or underperforming and implementing value add strategies, the properties overall value increases.

AMORTIZATION

A fancy word for paying down the principal every month through regular mortgage payments which creates equity.

HEDGE AGAINST INFLATION

Other asset classes typically decrease in value with inflation while real estate values and rental rates increase.