INVESTMENTS AND CONSTRUCTION

Avenue North is a Phoenix, Arizona based third party multifamily General Contractor and real estate investment firm focused on multifamily developments and value-add communities. Since the company’s inception in 2011, Avenue North has acquired or built over 2,200 multifamily units across Arizona, Nevada and Colorado.

We acquire existing multifamily communities and execute on thoughtful renovations that add value.

Our third-party General Construction platform leverages our multifamily expertise.

We acquire and develop unique land parcels into lower density multifamily housing.

INVESTMENT CRITERIA

We our a third party general contractor and acquire and develop multifamily communities in order to:

(1)  Improve property 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 hedging downside risk created during economic downturns and generate outsized returns.

 

Our investment criteria includes:

DEAL SIZE

Typically $15-$80 million

TYPE

Construction, Land Development, and Value-Add Multifamily

OPPORTUNITY

Value-add through entitlements, development and renovations

LOCATION

A/B locations in the southwest

PHYSICAL

A/B/C properties

STABILIZED

Not required

FOCUSED APPROACH

Our niche is value-add multifamily and Build-to-rent development.

250

Million $ Invested

2516

Units Owned

38

Investor Internal Rate of Return (%)

16

Sold Properties

WHAT OUR PARTNERS SAY