PROJECTS & EXPERIENCE
We’re looking for our next real estate opportunity.
We look for mobile-home parks, multifamily, light industrial, and notes secured by real estate. We want to get to know the owner and the broker representing them, understand the property, and discuss what the owner wants from a sale. When there is a fit, we work toward an offer that we can carry through and the seller has a reason to accept.
WHAT WE ARE LOOKING FOR
A property can be doing well and still be ready for different ownership.
We consider properties with established income as well as those with work to do. An owner may be ready to move on, reduce management responsibilities, or put their equity into something else. Knowing that helps us consider terms beyond an all-cash sale. We also look at other types of real estate when we understand the opportunity and have the people to take it on.
The property
What does it earn now? What will it cost to own? Who will do the work? We want to understand the property as it operates today before deciding what we could change.
The seller and their broker
We value brokers who know their client’s circumstances and can help us understand them. What does the seller want to own afterward? What needs to happen at closing? Those answers can give us more than one way to put an offer together.
SELECTED TEAM EXPERIENCE
Light-industrial condos, built for owners and tenants.
Our team’s Virginia work includes a completed 10,000-square-foot industrial condo development, with units leased and sold, and 20,400 square feet under construction and approximately 40,000 square feet in planning and approvals. These projects span Ashland and the Fredericksburg area, with small-bay industrial and mixed retail and industrial space.
Completed small-bay industrial condos, with both leased and sold units. Architectural rendering shown.
Under construction as of September 2026. Architectural rendering of the planned space for small businesses and industrial users.
MULTIFAMILY & MOBILE-HOME PARKS
Experience in the properties and the work that comes with them.
Our team’s multifamily experience spans 1,050 units across five projects, with exits in 2021 or 2022. The work included repositioning properties, addressing vacant units, and working with local property managers and contractors.
Improving a property while people live there.
Our team repositioned and sold a 138-unit community. The photographs show the exterior work. We consider occupied properties where improvements and day-to-day management need to happen together.
Working with the people who know the property.
Two nearby communities shared a local property manager and contractor. That experience matters when we consider several properties together: the people doing the work are part of the decision to buy.
Understanding what it will take to rent the vacant units.
One community had 180 units offline when acquired. Another was vacant with foundation problems, and we did not complete the original plan. We will consider substantial work, but the cost, time, and limits need to be understood before we make an offer.
Mobile-home parks
Our team’s experience includes a 67-pad park, lease-to-own agreements on ten homes, and rezoning expansion land before selling to the group that developed it. Read the transaction in Darryl’s words.
HOW WE APPROACH A DEAL
Price is one part of an agreement.
A cash sale may be the right answer. In other situations, seller financing, an exchange, a lease with an option, or a partnership can make an agreement possible. We look at what each party needs to receive and what each can contribute, then test whether the property can support those terms.
See a transaction structured around those needsFrom the papers: Seller Financing: Would You Want to Own the Note? and What Would You Keep After Selling Your Property?
LET’S TALK
Have a property we should consider?
Send the location, property type, asking price or proposed terms, and the operating information available. Just as helpful: why the seller is considering a sale and what would make an agreement worthwhile. We will review the opportunity and discuss whether there is a basis for an offer.