We are excited to announce that in the coming months we will have properties available. You will be able to partner with Harvest. These will be Multifamily properties.
Our goal is to transform these properties into condos, townhomes, or twin homes. At Harvest our mission is: We create wealth as we transform houses into homes.
One of the ways we seek to do this is to convert apartment complexes into condos.
Here is an example of the type of property we will share with you. The opportunity will be to participate as a partner by providing capital towards the renovations.
Properties that are in an area that have a strong secondary market (this means plenty of demand and limited supply.)
B class location with surrounding A class properties
Rents are below the local area average
Opportunity to add additional amenities (Storage units, covered parking, etc)
Conservative underwriting
7% or above ROI
Ability to create a homeowners association for the community
For those interested to learn more, please contact Steve Diamond at steve@harvestutahproperties.com