Example Acquisitions

Summit Multifamily Group

Summit Multifamily Group (“SMFG”) acquires and repositions garden-style apartment communities located in premium submarkets of Midwestern and Mid-South cities.

Example acquisitions:

Our portfolio is expanding with new acquisitions, so for a complete list of transactions, please contact us for more information.

PARK LANE APARTMENTS
Carmel, Indiana 
LOCATION: Park Lane Apartments is located at “Main & Main” in Carmel, Indiana. Carmel is one of the top suburbs in the Midwest, and the top suburb of Indianapolis. Park Lane Apartments is located within walking distance of the shops and restaurants, and within the “Arts & Design District” of downtown Carmel.

BUSINESS PLAN: Garden-style community in a top submarket of Indianapolis/Carmel.  
AVERAGE HOUSEHOLD INCOME: $107,512 (3 mile radius)

THE GROVE AT HEDGEMOOR APARTMENTS
(East) Memphis, Tennessee
LOCATION: The Grove atHedgemoor Apartments is a garden-style apartment community located in the premium, affluent Belle Meade/Walnut Grove area of East Memphis, Tennessee. East Memphis is the top suburb within Memphis, along with Germantown. The property is located along the highly desirable Greenline Trail.
BUSINESS PLAN: Garden-style community in a top submarket of Memphis.
AVERAGE HOUSE INCOME: $103,754 (1 mile radius)

MAN O’ WAR CROSSING APARTMENTS
Lexington, Kentucky
LOCATION: Man o’ War Crossing Apartments is a garden-style apartment community in the premium Southeast area of Lexington, Kentucky. The property is located along Man o’ War Boulevard, an important road connecting the suburbs to downtown and major highways. This Southeastern submarket of Lexington features premium housing, employment, and lifestyle options. Man o’ War Crossing Apartments targets young adults, professionals, families, and senior residents.
BUSINESS PLAN: Garden-style community in a top submarket of Lexington (KY).
AVERAGE HOUSEHOLD INCOME: $70,175 (0.5 mile radius)

THE VILLAS ON CANTRELL ROAD APARTMENTS
Little Rock, Arkansas
LOCATION: The Villas on Cantrell Apartments is a garden-style apartment community located in the affluent central area of Little Rock, Arkansas. The property is located along Cantrell Road, an important road connecting the suburbs to downtown and major highways. This area features premium demographics, housing, employment, and lifestyle options. The property is located in the Fox Croft neighborhood and near The Heights neighborhood.
BUSINESS PLAN: Garden-style community in a top submarket of Little Rock.
AVERAGE HOUSEHOLD INCOME:
$106,068 (0.5 mile radius)

THE GROVE AT CLUB VIEW APARTMENTS
(East) Memphis, Tennessee
LOCATION: The Grove at Club View Apartments is a garden-style apartment community located in the premium, affluent East Memphis, Tennessee. East Memphis is the top suburb within Memphis, along with Germantown. The property is located along the highly desirable Greenline Trail.
BUSINESS PLAN: Garden-style community in a top submarket of Memphis.
AVERAGE HOUSEHOLD INCOME:
$72,902 (1.0 mile radius)

REGENCY POINT APARTMENTS
Tulsa, Oklahoma
LOCATION: Regency Point Apartments is a garden-style apartment community consisting of 192 apartment units located in the affluent central area of Tulsa, Oklahoma. The property is located along E 71st Road, which is an important road connecting east/west traffic in central Tulsa with the access to hospitals, premium residential, shopping, and major highways. 
BUSINESS PLAN:
Garden-style community in a top submarket of Tulsa.
AVERAGE HOUSEHOLD INCOME:
$76,090 (1.0 mile radius)

 

 

 

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