Property Overview
Tristain Townhomes represents a unique investment opportunity in the townhome market, combining the appeal of single-family living with the efficiency of multifamily operations. This 89-unit community was acquired in June 2023 and offers significant value creation potential through strategic improvements and enhanced management.
The property features spacious two and three-bedroom townhomes with private entrances, attached garages, and individual patios or balconies. This product type appeals to a broad demographic including young professionals, growing families, and empty nesters seeking more space and privacy than traditional apartments.
Tenant Information
Current and prospective tenants can learn more about available units and amenities at: www.tristantownhomes.com
Investment Highlights
Unique Product Type
Townhome living offers residents the feel of single-family homes with the convenience of rental housing.
Value-Add Strategy
Opportunities for interior upgrades, exterior improvements, and operational enhancements to increase NOI.
Strong Demographics
Appeals to quality tenants seeking more space, privacy, and amenities than traditional apartments.
Market Demand
Limited supply of quality townhome rentals creates competitive advantages and pricing power.
Property Features
Tristain Townhomes offers residents a unique living experience with features typically found in single-family homes. Each unit includes private entrances, attached parking, in-unit laundry, and private outdoor space. The community amenities include a clubhouse, fitness center, and recreational areas.
Our business plan focuses on selective unit renovations, common area enhancements, and implementing best-in-class property management practices to maximize both resident satisfaction and investment returns.
