Units at minimum
Enough scale to support dedicated on-site staff and spread renovation costs. Target range is 150 to 400 units.
Multifamily investment & development
Buy at scale. Raise the value. Return the capital.
Sherow acquires communities of 100+ units in the fastest-growing cities of the South, installs in-house management and raises their value. Investor capital is returned through a refinance or sale, with a refinance and long-term hold as the preferred outcome.
The value-add plan, unit by unit
144 unitsCapital eventStabilized at higher income and ready to refinance or sell.
Original residentPast dueVacantRenovatingNew resident, renovated
Month 36
Avg. rent$1,472
Occupancy97.2%
Collections100.0%
Renovated144 / 144
Deal criteria
What every acquisition is underwritten for
In-house management
Every pro forma assumes self-management from closing, with no third-party fees and full control of leasing, collections and turns.
A clear path to higher rents
Dated interiors, weak operations or unused land that support a measurable rent premium through renovation or new units.
A capital event
Stabilized value that supports a cash-out refinance or sale, with a long-term hold as the preferred path.
Target markets
High-growth cities of the Bible Belt
Metros with strong job and population growth, a reasonable cost of living, and laws that support long-term ownership.
- NashvilleTN
- CharlotteNC
- Raleigh–DurhamNC
- Dallas–Fort WorthTX
- GreenvilleSC
- HuntsvilleAL
- KnoxvilleTN
- Northwest ArkansasAR
- Oklahoma CityOK
- ChattanoogaTN
Contact
Start a conversation
Accredited investors, brokers and property owners are welcome to reach out.
Investors
invest@sherow.comAcquisitions
deals@sherow.com