Park Capital Partners takes a regimented approach to selecting target markets, analyzing potential investment properties and mitigating risk, targeting well-located investments where strategic capital improvements and operational efficiencies can create value. Park Capital Partners uses the following criteria as a guide, subject to minor changes on a deal by deal basis:
- Located in Southeastern markets with strong growth indicators, specifically the metro areas of Atlanta, Charlotte, Greenville, and Raleigh/Durham
- Well-situated submarkets with strong demographics and adequate supply constraints
- Class B/A quality multifamily properties, with the opportunity to create value through improvements
- 100+ units
- Ability to execute the business plan within 5-7 years
- Projected Average Annualized Return (AAR) of 14 to 18%
- Projected Internal Rate of Return (IRR) of 12% to 16%