Vestis Capital | Phoenix Real Estate Investments

Vestis Capital | Phoenix Real Estate Investments

VESTIS CAPITAL | PHOENIX REAL ESTATE INVESTMENTS

Vestis Group | Vestis Capital LLC is a real estate firm focused on Multi Family Residential Investment. We invest our clients’ capital together with our own to take advantage of opportunities with attractive risk-return attributes and an expectation of above-market returns. These goals are achieved through stringent underwriting practices and proactive property and asset management.

Through our extensive knowledge of the Phoenix multi-family residential real estate market, we can identify early trends, which provide insight into our pursuit of investment opportunities. Vestis Group’s principals have a thorough knowledge of the housing industry.

We have developed, built, rehabilitated, constructed, improved, managed and sold thousands of apartments, condos, homes, and home sites. Vestis Group principals and affiliates also have extensive experience constructing, improving, renovating, owning and operating residential and commercial properties. Our expertise in management, finance and construction is the backbone supporting every investment opportunity we identify.

 

DIRECT PROPERTY INVESTMENTS

Multi Family Residential Investment and residential investment real estate is the focus of Vestis Capital LLC, one of Vestis Group’s main business lines. We invest in a variety of properties including apartments, bulk condos, single-family homes and multi-family residential land in our core geographic market.

Through our continuous evaluation of the national and local economic environment, as well as property-level performance, we focus on opportunities positioned for strong operating results. We also consider distressed situations with deep-value pricing and the potential to improve operating performance. Our purchases typically have a two- to five-year time horizon. While we will look at broadly-marketed conditions, we focus on buying properties with a more limited marketing process or with a specialized value-added component not easily understood by larger, non-local, investment groups with a national approach.

We spend a substantial amount of time and resources monitoring opportunities with strict attention to the nuances and details of this specific real estate market.

 

WHAT WE BUY

We Buy Fix Hold and Buy Fix Sell distressed, older vintage, commercial (office), multi-family (apartments) and single-family (homes, townhomes, condos) properties, which require minor to major rehab, in established or trendy, improving/transitional neighborhoods and increase the value through high-end renovation (better finishes than can be found in competing projects), target marketing and hands-on property management. By using our extensive local area knowledge, adhering to our target market and renovating with contemporary design, we are able to command above market rents and dispose our buildings at premium pricing, ensuring maximum return on investment.

 

BUY FIX HOLD

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BUY FIX SELL

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WHEN WE BUY

When Vestis Capital purchases a property, there are two ways an investor may participate: Equity Investing and Debt Investing.

  1. EQUITY INVESTING - An equity investment offers a variable annual return based on a share of monthly cash flow and the final disposition value of the property. At close of escrow, the investor will receive back his/her original investment first, then the remaining proceeds are split as specified in a pre-determined operating agreement.
  2. DEBT INVESTING - A debt investment offers an investor a fixed annual interest rate paid monthly. The debt investor receives a relatively high interest rate (typically 8-12%) on his/her money, but has no share of profits that may be realized from a sale or positive cash flow. The debt investment is secured by a note and deed of trust.
  • Returns are computed per annum
  • A preferred, fixed, return is disbursed monthly
  • Rates are fixed for the period of the term of the investment
  • Real property is assigned as collateral
  • Notes are secured by a first position deed of trust
  • Project financial reports are issued monthly

 

RISK | RETURN

When we evaluate a potential property for acquisition, our minimum acceptable annual rate of return is 25%. If we do not project a minimum 25% annual return, we do not move forward with the acquisition. We believe that our pro forma numbers are conservative, however to earn returns of 8% to 80% per year, there is inevitably more risk that simply leaving your funds in a savings account at your local bank. Some properties are bought at a trustee sale auction and a thorough physical inspection is not always possible. Mechanical, electrical, plumbing, sewer, structural problems and zoning challenges are all possibilities. Our multifamily investments (for example) allow for a 10% vacancy rate. We utilize professional property management companies for the day-to-day leasing and maintenance activities, but if vacancies were to dramatically increase, the financial success of the project could be threatened. As an equity or debt investor your worst case scenario exit strategy is that you end up with the property.

 

DISCLAIMER

Vestis Capital LLC is not a real estate investment trust (REIT). This document is not a private offering memorandum or a solicitation to the general public. It is a brochure highlighting current and completed real estate investment projects, our experience and capabilities. Specific real estate opportunities and investment scenarios are only offered to qualified investors. Past successes are no guarantee of future results. Some members of Vestis Capital LLC are active real estate brokers, associate brokers or salespersons in the State Of Arizona.

 

CONTACT

For more information, please contact Vestis Group at 602-281-6202 or Email Us.

 

Trackbacks & Pings

  • Apartments Along Camelback Corridor In Phoenix Sold To Vestis Group :

    [...] Vestis Group | Vestis Capital LLC acquired the 7,986-square-foot Holiday Resort Apartments located at 4226 North 27th Street in Phoenix for $500,000 ($50,000 per unit). The Holiday Resort Apartments, a 10-unit multifamily community located in the sought-after Camelback Corridor neighborhood, is just south of the Biltmore in Phoenix, Arizona.  - more at realestatedaily-news.com [...]

  • Aparts Along Camelback Corridor In Phoenix Sold To Vestis Group :

    [...] Vestis Group | Vestis Capital LLC acquired the 7,986-square-foot Holiday Resort Apartments located at 4226 North 27th Street in Phoenix for $500,000 ($50,000 per unit). The Holiday Resort Apartments, a 10-unit multifamily community located in the sought-after Camelback Corridor neighborhood, is just south of the Biltmore in Phoenix, Arizona.  - more at realestatedaily-news.com [...]

  • Vestis Group Acquires Holiday Resort Apartments In Phoenix Arizona :

    [...] Vestis Group | Vestis Capital LLC acquired the 7,986 SF Holiday Resort Apartments located at 4226 North 27th Street, just south of the Camelback Corridor in Phoenix for $500,000. The seller in the transaction was SWE, LLC of Phoenix, Arizona. Vestis Group owns five additional assets in the Metro Phoenix market and continues to seek investment opportunities for purchase. Established in 2008, Vestis Group is a privately owned real estate firm specializing in multifamily residential investment real estate. Vestis Group invests in distressed, older vintage, multi-family, commercial and single-family properties, which require minor to major rehab, in established or trendy, improving/transitional neighborhoods and increase the value through high-end renovation, target marketing and hands-on property management. Natan Jacobs and Les Litwin with Vestis Group in Phoenix represented the Buyer in the Phoenix multifamily sale. Brian Tranetzki and Rich Butler with Marcus & Millichap in Phoenix represented the Seller. [...]

  • Vestis Group Acquires Holiday Resort Apartments In Phoenix Arizona :

    [...] Vestis Group | Vestis Capital LLC acquired the 7,986 SF Holiday Resort Apartments located at 4226 North 27th Street, just south of the Camelback Corridor in Phoenix for $500,000. The seller in the transaction was SWE, LLC of Phoenix, Arizona. Vestis Group owns five additional assets in the Metro Phoenix market and continues to seek investment opportunities for purchase. Established in 2008, Vestis Group is a privately owned real estate firm specializing in multifamily residential investment real estate. Vestis Group invests in distressed, older vintage, multi-family, commercial and single-family properties, which require minor to major rehab, in established or trendy, improving/transitional neighborhoods and increase the value through high-end renovation, target marketing and hands-on property management. Natan Jacobs and Les Litwin with Vestis Group in Phoenix represented the Buyer in the Phoenix multifamily sale. Brian Tranetzki and Rich Butler with Marcus & Millichap in Phoenix represented the Seller. [...]

  • Vestis Group Acquires Holiday Resort Apartments In Phoenix Arizona :

    [...] Vestis Group | Vestis Capital LLC acquired the 7,986 SF Holiday Resort Apartments located at 4226 N 27th Street, just south of the Camelback Corridor in Phoenix for $500,000. The seller in the transaction was SWE, LLC of Phoenix, Arizona. Vestis Group owns five additional assets in the Metro Phoenix market and continues to seek investment opportunities for purchase. Established in 2008, Vestis Group is a privately owned real estate firm specializing in multifamily residential investment real estate. Vestis Group invests in distressed, older vintage, multi-family (apartments), commercial (office) and single-family (homes, townhomes, condos) properties, which require minor to major rehab, in established or trendy, improving/transitional neighborhoods and increase the value through high-end renovation (better finishes than can be found in competing projects), target marketing and hands-on property management. Natan Jacobs and Les Litwin with Vestis Group in Phoenix represented the Buyer in the Phoenix multifamily sale. Brian Tranetzki and Rich Butler with Marcus & Millichap in Phoenix represented the Seller. [...]

  • Vestis Group Completes Sale Of Melrose Place Apartments In Phoenix AZ :

    [...] Place Apartments, located at 3110 N 40th Street, in the Arcadia neighborhood of Phoenix to a private investment group from Arizona for $750,000. Natan Jacobs and Les Litwin with Vestis Group in Phoenix represented [...]

  • Sale Of Mid-Century Modern Phoenix Office Building Completed :

    [...] of Phoenix was the seller of the Midtown property at 4331 N 12th Street, Phoenix, that sold to a private Arizonan investment group. Natan Jacobs and Les Litwin with Vestis Group of Phoenix represented the buyer in the transaction. [...]

  • Vestis Group Brokers Sale Of Midtown Phoenix Office Building :

    [...] Phoenix, Arizona sold the Doyle Building, located at 4331 N 120th Street, in Midtown Phoenix to a private investment group from Arizona for $260,000. Natan Jacobs and Les Litwin with Vestis Group in Phoenix represented the [...]

  • Vestis Group Completes Sale Of Melrose Place Apartments In Phoenix AZ :

    [...] Place Apartments, located at 3110 N 40th Street, in the Arcadia neighborhood of Phoenix to a private investment group from Arizona for $750,000. Natan Jacobs and Les Litwin with Vestis Group in Phoenix represented the [...]

  • Vestis Group Completes Sale Of Melrose Place Apartments :

    [...] Place Apartments, located at 3110 N 40th Street, in the Arcadia neighborhood of Phoenix to a private investment group from Arizona for $750,000. Natan Jacobs and Les Litwin with Vestis Group in Phoenix represented the [...]

  • Vestis Group Brokers Sale Of Melrose Place Apartments In Phoenix AZ :

    [...] Place Apartments, located at 3110 N 40th Street, in the Arcadia neighborhood of Phoenix to a private investment group from Arizona for $750,000. Natan Jacobs and Les Litwin with Vestis Group in Phoenix represented the [...]

  • Vestis Group Brokers Sale Of Monterosa Apartments In Arcadia Phoenix :

    [...] & Lylia Baylin sold the Monterosa Apartments in Phoenix to a private investment group from Phoenix, Arizona for $400,000. Natan Jacobs and Les Litwin of Vestis Group represented the [...]

  • Vestis Group Brokers Sale Of FQ Story Apartments Near Downtown Phoenix :

    [...] Rojas Living Trust sold the FQ Story Apartments in Phoenix to a private investment group from Phoenix, Arizona for $330,000. Natan Jacobs and Les Litwin of Vestis Group negotiating the [...]

  • Vestis Group Negotiates Sale Of Metro 12 Lofts In Downtown Phoenix :

    [...] Properties sold the Metro 12 Lofts Apartments in Downtown Phoenix to a private investment group from Phoenix for $2,325,000. Natan Jacobs and Les Litwin of Vestis Group represented the Buyer in [...]

  • Real Estate: Metro 12 Apartments Set Record For Sale Price Per Unit :

    [...] Scottsdale investment group recently purchased a 12-unit multifamily complex, dubbed Metro 12. It rests on the edge of the [...]

  • Vestis Group Acquires Metro 12 In Phoenix :

    [...] Vestis Group, a multifamily investment group, purchased the 12-unit Metro 12 multifamily community at 620 N. 4th Ave. in Phoenix, AZ from Triton Properties, Inc. for $2.33 million, or about $194,000 per unit. [...]

  • Vestis Group Completes Sale Of Melrose Place Apartments In Phoenix AZ :

    [...] located at 3110 N 40th Street, in the sought after Arcadia neighborhood in Phoenix to a private investment group from Arizona for $750,000 ($58,000 per [...]

  • Vestis Group Completes Sale Of Melrose Place Apartments In Phoenix AZ :

    [...] Apartments, located at 3110 N 40th Street, in the sought after Arcadia neighborhood in Phoenix to a private investment group from Arizona for $750,000 ($58,000 per [...]

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