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MULTIFAMILY INVESTMENTS

Avenue North is a Phoenix, Arizona based real estate investment firm focused on both ground up multifamily development and value-add communities in the southwestern United States. Since the company’s inception in 2011, Avenue North has acquired or built 2,000 multifamily units across Arizona, Nevada and Colorado. Our portfolio also includes industrial and mobile home and RV parks throughout the United States.

VISION

We see what a property can become, and execute on thoughtful design that adds value.    

TRANSPARENT

We take pride in keeping investors informed, with an emphasis on timely and accurate updates. 

SELECTIVE

We are patient, committing only to the best opportunities in the marketplace.

INVESTMENT CRITERIA

We identify both new development opportunities and the acquisition of mismanaged multifamily communities in order to:

(1)  Improve the property’s operations,

(2) Distribute tax advantaged cash flow to investors, and

(3) Sell the asset at a premium after several years of ownership.

We focus on new development opportunities or under-appreciated communities
to hedge downside risk created during economic downturns and
generate outsized returns.

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Our investment criteria includes:

DEAL SIZE

Typically $15-$60 million

TYPE

New Residential Development (rental and sale), Value-Add Multifamily and Mobile Homes

OPPORTUNITY

Value-add through entitlements, development and renovations

LOCATION

A/B macro and micro locations in the Southwestern United States

PHYSICAL

A/B/C properties

STABILIZED

Not required

FOCUSED APPROACH

Our niche is value-add multifamily.

191

Million $ Invested

2000

Units Owned

40

Investor Internal Rate of Return (%)

13

Sold Properties

What Our Partners Say