What We Buy and Build

Acquisition Criteria

Build for Rent

5+ Acres
Zoned for Residential or MultiFamily
Utility Taps Near Land
Undeveloped or Developed

Portfolio Acquisitions

Built post-1970
Average square footage of 1,200+
3+ bedrooms, 2+ Bathrooms

Will purchase portfolios ranging from 30-300 homes

Markets of Interest

In addition to the markets we currently serve, those that have the following are of Interest:

Current population of 500,000+

Growing Population

Significant City Investment

Diversification In Industry

Recent Success Stories

The Point

Build for Rent Community
Forest Hill, TX

3 Bed
2 Bath

52
Townhomes

1,150
Square Feet

The Point was built in 2019, placed into service in March 2020, and sold to PEAK Housing REIT in Nov 2020. The project leased up over 3 months. Rental rates are now reaching $1,525

Acquired at $9.23M

Springfield 290

Scattered Site Acquisitions
Springfield, MO

2-5
Bedroom Homes

290
Properties

1,570
Avg. Square Feet

This portfolio was stable when purchased by Peak. Our team was able to raise the current rent to the market amount while maintaining steady occupancy rates.

Acquired June 2021 at $49M

Savannah 19

Build for Rent – Acquired
Savannah, GA

3 Bed
2.5 Bath

19
Townhomes

1,750
Square Feet

With an occupancy rate of 82% and pre-lease agreements on the remaining homes, this Savannah, GA buy was a no-brainer for our team.

Acquired Q1 2022 for $4.46M

Want to Learn More About Investing With The Peak Group?

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