Previous Projects

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Taylor

Taylor is a 30-unit building in Colorado Springs, Colorado. The owner passed and his $25M real estate portfolio was parceled off and sold. This building had been under managed for several years while the property went through probate. We stabilized, implemented a re-leasing strategy, conducted unit renovations, and ultimately refinanced the property with the Fannie Mae Freddie Mac Small Balance Loan program for a profitable return within just 24 months.

Project IRR (without fees) as of refinance in 2022 - 29.26%

Equity Multiple as of refinance in 2022 - 1.44x

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88 Macon

88 Macon was an off-market 8-unit building, along with the 78 Macon and Kenton projects below, in Aurora, Colorado. The properties were being poorly managed and maintained by the original owner who was looking to quickly relocate funds to another project. We restructured the management and improved the income dramatically. The project was ultimately sold for a profitable return within just 18 months.

Project IRR (without fees) - 97.81%

Equity Multiple - 2.34x

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78 Macon

78 Macon was also an off-market 8-unit building, along with the 88 Macon and Kenton projects, in Aurora, Colorado. This property was a direct copy of the 88 Macon property and shared a courtyard. The projects were individually syndicated, but profited from their proximity both during operation and sale. The project was ultimately sold for a profitable return within just 18 months.

Project IRR (without fees) - 68.32%

Equity Multiple - 2.09x

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Kenton

Kenton was an off-market 8-unit building, along with the 88 Macon and 78 Macon projects, in Aurora, Colorado. The properties were being poorly managed and maintained by the original owner who was looking to quickly relocate funds to another project. We restructured the management and improved the income dramatically. The project was ultimately sold for a profitable return within just 18 months.

Project IRR (without fees) - 96.86%

Equity Multiple - 2.73x

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Ruxton

Ruxton was a self funded real estate project located in Manitou Springs, Colorado. Manitou Springs is located West of Colorado Springs. In addition to working with a local lender, we increased project returns by leveraging owner financing. The property was composed of several duplexes and quadplexes. We improved the structure of the leases, conducted strategic property renovations, and ultimately sold for a profitable return.

Project IRR  - 55.2%

Equity multiple - 1.69x

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Swope

Swope is a C class multifamily building. The owner was out of state and finding it difficult to manage the property on the ground. We negotiated an owner financing arrangement and then refinanced with a local lender for a profitable return. We achieved this by implementing a new property management strategy, conducting whole property renovations, and replacing onsite management.

Project IRR (without fees) as of refinance in 2022 - 84.54%

Equity multiple as of refinance in 2022 - 2.6x

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WORK WITH TOPROCK

At Toprock Real Estate, we're committed to client satisfaction. We stand out as values aligned brokers and are well-versed in the Denver, Castle Rock, and Colorado Springs housing markets. Whether you're buying or selling in these areas, we'll ensure a seamless experience, considering your unique needs and preferences. Count on us for regular updates and unwavering support throughout your real estate journey, guaranteeing satisfaction and peace of mind.

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