Our Value-Add & Core-Plus Strategy

With our Value-add strategy we target investments in properties that we believe have substantial value-add potential with these characteristics: Properties that provide an opportunity for improvements of the physical asset, such as renovations of the unit interiors, the building exteriors, and the property amenities, which are designed to increase unit-level rents. Properties that provide the opportunity for operational improvements, such as increased occupancy and operating cost improvements, to further increase cash flow and the property’s value, with a high proportion of the total return attributable to appreciation in value.

With our core-plus strategy, we target investments in properties that provide a modest level of improvements to the physical asset and the opportunity for operational improvements to increase rents and occupancy and reduce costs to increase cash flow. We anticipate most of the core-plus assets we acquire will require some level of renovations. Our core-plus assets will have a higher portion of their total return attributable to cash flow.

Physical Asset

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Renovations of Unit Interiors

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Building Exterior

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Property Amenities

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Multifamily Investing

Our fundamental philosophy on what we invest in has never wavered. We believe in the adage, “own what you know, and know what you own.” That means, with Rincon Partners, you get over two decades of focused investment expertise in sunbelt multifamily assets.

Focused on Value

Our Multifamily value strategy focuses on identifying multifamily properties that have the potential to deliver double-digit returns. Rincon may achieve such returns by renovating and repositioning the property, improving tenant mix, controlling costs, and arbitraging the acquisition price to actual market value. Rincon focuses on the following investment acquisition criteria:

House Pool

Focused on Value

Our Multifamily value strategy focuses on identifying multifamily properties that have the potential to deliver double-digit returns. Rincon may achieve such returns by renovating and repositioning the property, improving tenant mix, controlling costs, and arbitraging the acquisition price to actual market value. Rincon focuses on the following investment acquisition criteria:

location

Strong location within the market, a good neighborhood, near retail, entertainment, restaurants, and other amenities

support

Strong demographics which support the “target tenant” and expected unit rents

No significant

No significant renovation within the last ten years

Purchase price

Purchase price that is below replacement cost

market rents

In-place rents that are below surrounding market rents (even if in-place rents are at market for the condition of the property)

Opportunity for organic

Opportunity for organic NOI improvement by reducing vacancy and turnover, reducing operating costs, and shifting costs to tenants such as electricity and other utilities

Opportunity for enhancements to property amenities

Opportunity for enhancements to property amenities to improve tenant experience and increase rental rates

Building

Purchase price that is below replacement cost

Partner With Us

Contact us to learn more about Rincon Partners investment opportunities. We look forward to hearing from you.

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