CASES

Tierra Del Sol Apartments

Wednesday, May 12, 2010
PROPERTY NAME: Tierra Del Sol (formerly Timber Hollow Apartments)
CITY, STATE: Houston, Texas
NUMBER OF UNITS: 270
AQUISITION DATE: 2010
CAPITAL IMPROVEMENTS: Hardi re-side, New roofs, Exterior lighting upgrades, Exterior full paint, Pool improvements, New monument sign,  New playground, Ceramic tile floors, New appliances and New HVAC.
OCCUPANCY: 75% (3/10) - 92% (8/11)
WEB SITE:  http://www.tierradelsolapts.com

El Sol Del Rio Apartments

Saturday, November 14, 2009
PROPERTY NAME: El Sol Del Rio (formerly Westfield Apartments)
CITY, STATE: Houston, Texas
NUMBER OF UNITS: 424
AQUISITION DATE: 2008
CAPITAL IMPROVEMENTS: Hardi re-side, New roofs, Exterior lighting upgrades, Exterior full paint, New pavers around pool, New perimeter fence, New boilers, New playground, Resurfacing, New appliances and New HVAC.
OCCUPANCY: 49% (11/08) - 90% (9/09)
 WEB SITE:  http://www.elsoldelrio.com

El Sol Del Lago Apartments

Saturday, November 14, 2009
PROPERTY NAME: El Sol Del Lago (formerly Pines Point Apartments)
CITY, STATE: Dallas, Texas
NUMBER OF UNITS: 318
AQUISITION DATE: 2008
CAPITAL IMPROVEMENTS: New flat and mansard roofs, Exterior lighting upgrades, Exterior carpentry and full paint, Resurface parking lot, New picnic area, New playground equipment, Laundry room rehab, Resurfacing, New boilers, New appliances and New HVAC.
OCCUPANCY: 56% (7/08) – 91% (9/09)
 WEB SITE:  http://www.elsoldellago.com

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