Portfolio

Summit's Portfolio

OUR PROPERTIES

Current Portfolio

Mozzo multifamily home

Mozzo

Location: Indianapolis, IN

Acquired: December 2022

Unit Count: 65

multifamily housing Investment opportunity in Westfield, IN

Cottages of Sanders Glen

Location: Westfield, IN

Acquired: October 2022

Unit Count: 27

multifamily housing Investment opportunity in Carmel, IN - Mezz 42

Mezz 42

Location: Carmel, IN

Acquired: August 2022

Unit Count: 42

Reserve at Madison Flatts multifamily home

Reserve at Madison Flatts

Location: Lafayette, IN

Acquired: Construction – December 2024

Unit Count: 196

Cottage of Sanders Glen multifamily home

Pinnacle on Meridian

Location: Indianapolis, IN

Acquired: September 2022

Unit Count: 36

multifamily housing Investment opportunity in Los Angeles, CA

Coldwater Springs

Location: Los Angeles, CA

Acquired: June 2024

Unit Count: 13

Island Suites multifamily home

Island Suites

Location: Tampa, FL

Acquired: May 2022

Unit Count: 12

*(short term rentals)

Tindall Park multifamily home

Tindall Park

Location: Charlotte, NC

Acquired: February 2022

Unit Count: 37

Mansion Row multifamily home

Mansion Row

Location: Indianapolis, IN

Acquired: June 2022

Unit Count: 63

Selwyn Flatts multifamily home

Selwyn Flats

Location: Charlotte, NC

Acquired: December 2021

Unit Count: 129

Albany Station multifamily home

Albany Station

Location: New Albany, OH

Acquired: October 2021

Unit Count: 24

multifamily housing Investment opportunity in Indianapolis, IN = The Win

The Win

Location: Indianapolis, IN

Acquired: December 2021

Unit Count: 24

Summerlake Meadows multifamily home

Summerlake Meadows

Location: Pendleton, IN

Acquired: July 2021

Unit Count: 48

Eagle Chase multifamily home

Eagle Chase

Location: Indianapolis, IN

Acquired: June 2021

Unit Count: 156

multifamily housing Investment opportunity in Lafayette, IN - Marq

Marq

Location: Lafayette, IN

Acquired: October 2021

Unit Count: 99

Park Lane multifamily home

Park Lane

Location: Carmel, IN

Acquired: December 2020

Unit Count: 48

Carmel Village multifamily home

Carmel Village Green

Location: Carmel, IN

Acquired: December 2020

Unit Count: 24

multifamily housing Investment opportunity in Orchard, NY - Village Square

Village Square

Location: Orchard, NY

Acquired: December 2020

Unit Count: 48

Cottage of Sanders Glen multifamily home

1040 Delaware

Location: Buffalo, NY

Acquired: December 2020

Unit Count: 49

multifamily housing Investment opportunity in Buffalo, NY

Maple Brooke & Hunt Club

Location: Buffalo, NY

Acquired: March 2020

Unit Count: 23

multifamily housing Investment opportunity in Columbus, OH

40 West

Location: Columbus, OH

Acquired: December 2020

Unit Count: 16

multifamily housing Investment opportunity in Hilliard, OH

The Pointe Hilliard

Location: Hilliard, OH

Acquired: August 2019

Unit Count: 218

Eagle Creek multifamily home

Eagle Creek

Location: Indianapolis, IN

Acquired: August 2019

Unit Count: 188

multifamily housing Investment opportunity in Indianapolis, IN

Grand Reserve at Geist

Location: Indianapolis, IN

Acquired: February 2019

Unit Count: 146

Summit at Hillcrest multifamily home

Summit at Hillcrest

Location: Mobile, AL

Acquired: August 2017

Unit Count: 104

multifamily housing Investment opportunity in Lafayette, IN

Madison Flatts

Location: Lafayette, IN

Acquired: September 2018

Unit Count: 52

multifamily home Investment opportunity in Brownsburg, IN

Bailey Park of Brownsburg

Location: Brownsburg, IN

Acquired: February 2018

Unit Count: 66

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Jamestown

Location: Nashville, TN

Acquired: January 2014

Unit Count: 101

  • How We Created Value:

    • Water Conservation through the installation of low-flow toilets and shower head aerators

OUR PROPERTIES

Sold Properties

Millersport Gardens

Location: Getzville, NY

Acquired: May 2022

SOLD: April 2024

Unit Count: 24

Summit Pointe multifamily home
Summit Pointe multifamily home

Summit Pointe

Location: Greenwood, IN

Acquired: December 2017

SOLD: January 2024

Unit Count: 256

Elston Point 2 multifamily home

Elston Point

Location: Lafayette, IN

Acquired: October 2021

SOLD: November 2023

Unit Count: 99

multifamily housing Investment opportunity in Reynoldsburg, OH

Traditions at Slate Ridge

Location: Reynoldsburg, OH

Acquired: July 2019

SOLD: May 2023

Unit Count: 94

Auburn Place multifamily home

Auburn Place

Location: Greenwood, IN

Acquired: September 2018

SOLD: April 2022

Unit Count: 192

Summit at Lexington multifamily home

Summit at Lexington

Location: Lexington, KY

Acquired: July 2020

SOLD: November 2021

Unit Count: 243

Island Club multifamily home

Island Club

Location: Indianapolis, IN

Acquired: January 2017

SOLD: July 2021

Unit Count: 314

  • How We Created Value:

    • Proactively managed asset to increase returns through unit upgrades and rent growth
Wildhood  multifamily home

Wildhood

Location: Hoover, AL

Acquired: December 2016

SOLD: February 2021

Unit Count: 88

  • How We Created Value:

    • Proactively manage asset to increase returns through unit upgrades and rent growth
multifamily housing Investment opportunity in Indianapolis, IN - Island Club

Summit at Keystone

Location: Indianapolis, IN

Acquired: March 2017

SOLD: August 2021

Unit Count: 455

  • How We Created Value:

    • Proactively managed asset to increase returns through unit upgrades and rent growth
multifamily housing Investment opportunity in Huntsville, AL

Cambridge Court

Location: Huntsville, AL

Acquired: September 2016

SOLD: December 2020

Unit Count: 69

  • How We Created Value:

    • Continued previous owner's unit rehabilitation program, delivering more than 20% return on capital expenditures and actively managed asset to increase returns
Elevation Homewood  multifamily home

Elevation Homewood

Location: Homewood, AL

Acquired: December 2015

SOLD: 2020

Unit Count: 198

  • How We Created Value:

    • New model unit
    • New clubhouse interior/exterior
    • Upgraded fitness center
    • Landscape redesign
    • New exterior paint on resident buildings
    • Redesign laundry area for residents
    • New exterior lights
    • New granite in resident units
    • New seal and stripe on parking lot
    • Pool area redesign
Elevation Hoover multifamily home

Elevation Hoover

Location: Hoover, AL

Acquired: December 2015

SOLD: 2020

Unit Count: 241

  • How We Created Value:

    • Refreshed clubhouse interior
    • Upgraded fitness center
    • Developed play area
    • Constructed grill/entertainment area
    • Revamped dog park
    • Landscape redesign
multifamily housing Investment opportunity in Hoover, AL - Elevation Vestavia

Elevation Vestavia

Location: Hoover, AL

Acquired: December 2015

SOLD: 2020

Unit Count: 241

  • How We Created Value:

    • Refreshed clubhouse interior
    • Upgraded fitness center
    • Developed play area
    • Constructed grill/entertainment area
    • Revamped dog park
    • Landscape redesign
Autumn Chase multifamily home

Autumn Chase

Location: Goodlettsville, TN

Acquired: September 2016

SOLD: November 2019

Unit Count: 60

  • How We Created Value:

    • Actively managed previously under managed asset to increase returns through water conservation, rent optimization, etc.
Cliffs at Rocky Ridge multifamily home

Cliffs at Rocky Ridge

Location: Hoover, AL

Acquired: December 2015

SOLD: 2019

Unit Count: 323

  • How We Created Value:

    • New model unit
    • Clubhouse facelift
    • Laundry room redesign
    • Landscape redesign
    • Dog park redesign
    • Transformed unused tennis area into play/entertaining area
    • Safety upgrades
    • New signage
    • New seal and stripe on parking lot
multifamily housing Investment opportunity in Tucson, AZ - Paseo del Sol

Paseo del Sol

Location: Tucson, AZ

Acquired: August 2014

SOLD: November 2018

Unit Count: 152

  • How We Created Value:

    • Installed new roofs
    • Performed electrical panel upgrades throughout property
    • Water conservation through the installation of low-flow toilets and shower head aerators
    • Resurfaced pool deck
    • Installed new pool fence
    • Remodeled leasing office
    • Privacy fencing for units
Oak Tree Park multifamily home

Oak Tree Park

Location: Albuquerque, NM

Acquired: July 2015

SOLD: December 2017

Unit Count: 320

  • How We Created Value:

    • Converted underutilized racquetball court into a fitness room
    • Installed security gates
    • Water conservation: installed low-flow toilets and shower head aerators
Carrington Ridge multifamily home

Carrington Ridge

Location: Nashville, TN

Acquired: July 2014

SOLD: September 2017

Unit Count: 152

  • How We Created Value:

    • Installed new roofs
    • Performed extensive crawl space and foundation repairs/upgrades
    • Installed playground
    • Installed dog park
    • Water conservation through the installation of low-flow toilets and shower head aerators
multifamily housing Investment opportunity in Nashville, TN - Canterchase

Canterchase

Location: Nashville, TN

Acquired: February 2014

SOLD: September 2017

Unit Count: 253

  • How We Created Value:

    • Repainted
    • Replaced siding
    • Resurfaced parking lot
    • Installed playground
    • Installed dog park
    • Installed mail center
    • Installing new signage
    • Water conservation through the installation of low-flow toilets and shower head aerators
Raintree Apartments multifamily home

Raintree Apartments

Location: Tucson, AZ

Acquired: March 2013

SOLD: 2017

Unit Count: 364

  • How We Created Value:

    • Installed foam roofs on flat portion
    • Repaired/replaced some Spanish tile roofs
    • Upgraded fitness center
    • Revamped pool
    • Water conservation through the installation of a satellite-connected sprinkler system
    • Full repaint
    • Parking lot resurfacing
multifamily housing Investment opportunity in Tucson, AZ

Palomino Crossing

Location: Tucson, AZ

Acquired: December 2012

Sold: 2016

Unit Count: 240

  • How We Created Value:

    • Converted portion of parking lot into synthetic turf soccer field
    • Installed dog park
    • Resurfaced spa
    • Water conservation through the installation of low-flow toilets and aerated shower heads
multifamily housing Investment opportunity in Phoenix, AZ - Fountain Oaks

Fountain Oaks

Location: Phoenix, AZ

Acquired: September 2011

SOLD: 2015

Unit Count: 224

  • How We Created Value:

    • Deck and pool resurfaced
    • Playground installed
    • New roofs
    • Landscaping upgrades
    • Signage upgrades
    • Installed security gates
    • Remodeled leasing office
Autumn Ridge multifamily home

Autumn Ridge

Location: Phoenix, AZ

Acquired: September 2010

SOLD: 2014

Unit Count: 672

  • How We Created Value:

    • Replaced dilapidated tennis courts with: new soccer field, basketball courts, two dog parks and a covered playground area
    • Installed new foam roofs
    • Resurfaced pools
    • Repaired parking lot
Aventerra at Dobson Ranch multifamily home

Aventerra at Dobson Ranch

Location: Mesa, AZ

Acquired: October 2011

SOLD: October 2013

Unit Count: 672

  • How We Created Value:

    • Converted two tennis courts into full-court basketball
    • Installed soccer field/picnic area
    • Water conservation through the installation of water-saving landscaping
    • Resurfaced pool
    • Upgraded fitness center
multifamily housing Investment opportunity in Mesa, AZ - Casa Carranza

Casa Carranza

Location: Mesa AZ

Acquired: May 2012

SOLD: July 2013

Unit Count: 272

  • How We Created Value:

    • Energy conservation with $1.5MM solar project that doubled as covered parking (the largest multifamily solar project in AZ at the time)
    • Water conservation through the installation of a satellite-connected sprinkler system
    • Resurfaced pools
    • Converted three dilapidated tennis courts into a playground, dog park, soccer field, and basketball court
    • Resurfaced parking lot
    • Replaced a portion of the roofs
The Brittany multifamily home

The Brittany

Location: Mesa, AZ

Acquired: January 2009

SOLD: November 2011

Unit Count: 92

  • How We Created Value:

    • Installed new roofs
    • Repainted exterior
    • Resurfaced pool
    • Installed security system
    • Installed new boiler system
    • Replaced parking lot
    • Installed new chiller
multifamily housing Investment opportunity in Raleigh, NC

Spring Forest at Deerfield

Location: Raleigh, NC

Acquired: July 2020

SOLD: September 2024

Unit Count: 192

multifamily home Investment opportunity in Hendersonville, TN

Reserve at Drakes Creek

Location: Hendersonville, TN

Acquired: November 2017

SOLD: July 2024

Unit Count: 168