sterling real estate partners
We can reduce long-term business costs for the stakeholders while maximizing the resident experience. 2017. 76 . Scottsdale-based investment firm, Sterling Real Estate Partners, recently acquired Suites on Scottsdale in an off-market transaction with plans to convert the hotel into market rate apartments . About Mark at 87 Apartments. Maintenance free ranch on 5 acres, spacious and open floor plan. Once you have received the Seizing on Tucson's hot real estate market, a downtown hotel is being converted into an apartment complex. Dreaming of homesteading? You will feel you're home the moment you walk into this house. David enjoys fly fishing and traveling with his family. Fantastic brick ranch ready for its new owners! Scottsdale-based Sterling Real Estate Partners is turning the former Hotel Tucson City Center, at 475 N. Granada Ave., into an apartment complex with the first units expected to be available this summer. 3 bds; 1 ba; 1,628 sqft . Asheville, NC 28801. Over the past few decades, multifamily properties have been less volatile than the stock market and residential real estate. 77 Central Ave, Suite D Investing in multifamily will help youcreate generational wealth, the kind that lets you retire permanently and pass it on to your children. Connect with intelligence [object Module] Products Web Platform Chrome Plugin API. We will find you a suitable tenant for your property by doing background and credit checks, move-in inspections, house inspections as well as prepare leases. This one level home has been updated with new roof, new windows, refinished floors and freshly painted walls, providing a modern feel. Located on a cul de sac with the convenience of being close to all amenities. Brand new carpet on upper level. account. | Sterling Real Estate Partners is a vertically integrated real estate investment company that specializes in multifamily value-add, development, and adaptive reuse projects throughout the Southwestern United States. Why Is the SJC Ruling in Murchison vs. Sherborn So Important? Current Kitchen stove is gas, but Buyer can switch to electric at their expense as home is set up for either type. Get the latest business insights from Dun & Bradstreet. Sterling collaborated with the neighbors throughout the process to receive zoning approval without opposition. Streamlined decision making and clear communication allow for timely execution of the business plan. This beautiful 4-square, 2-story home boasts numerous homeowner updates and is ideally located in the heart of Grandin. The new windows and refinished floors give it a modern feel, while the freshly painted walls offer a clean and inviting atmosphere. We are constantly sourcing high quality deals so that you have a consistent selection of high-quality multifamily investments to choose from. Get 2 WEEKS FREE when you apply today!!! The data relating to real estate on this Web site derived in part from the Carolina Multiple Listing . There is a rocking chair front porch and rear deck, 2 storage sheds, nice privacy w/ wooded lot. Upon completion, the apartments will offer low gross rents with luxury interior finishes to support the high demand for quality and affordable housing in the Downtown submarket. Wendy has held an active AZ Real Estate Sales License for 26 years. Lea Ann Scofield, Sterlings Director of Asset Management, added, We have designed this community to meet the desires of the high-quality tenant we know this location will attract.. Generate IRR and Equity Multiple to compensate for risk profile. Sterling Bay, the builder behind Google's Fulton . Large living room that opens to the formal dining room. $109,500. your A Family of Companies Guided by the Values of Partnership and Civic Responsibility One of Chicago's most prolific developers cut its staff by about 5 percent. 968 Spring Hill Rd, Sterling, PA 18463. Current Kitchen stove is gas, but Buyer can switch to electric at their expense as home is set up for either type. Sterling Real Estate Partners, LLC 6209 Longdale Furnace Rd, Suite B Clifton Forge, VA 24422 . Sterling Home Partners offers a unique real estate experience to all our clients whether buying or selling a home. Shes has been a serial entrepreneur for most of her life, and has developed, manufactured, imported and marketed several of her own patents; including the hit float Bedrock Canopy Luxe, a re-spin of the Flintstones Car, aside from that has owned and sold a restaurant,and has established herself as a team player with extensive and business management skills that help influence her approach to raising capital, aggressive off-market site acquisitions, to lease up. The property is centrally located in one of Scottsdales most affluent sub-markets, positioned on the corner of Scottsdale Road and Mountain View Road, just south of Shea Blvd. The partly finished basement provides additional living space, while the large storage area allows for extra storage. The data relating to real estate on this Web site derived in part from the Carolina Multiple Listing Services, Inc. IDX program. Its proximity to Downtown and direct access to the I-10 make the property highly accessible to nearby employment and entertainment hubs. The Finished basement is perfect for playroom or home. For most investments, you dont need to be an accredited investor (but you do need to join), and the minimum investment is typically $75,000. The gate has been broken, and standing wide open, for four months now. Window Valances in entry bedroom do not convey. Learn more about our team at Sterling Management Company. Its ownership group is also a part owner of the New York Mets Baseball Team as well as SportsNet New York, a regional sports network also based in New York. View 111 homes for sale in Sterling, MI at a median listing home price of $129,000. BETTER THAN NEW! Sterling Real Estate Partners, LLC 6209 Longdale Furnace Rd, Suite B Clifton Forge, VA 24422 . Rod has personally owned and managed over 2,000 properties. Approach. Completely renovated, 4 bedrooms, 3 full baths, home office, open concept, custom kitchen cabinets and a HUGE 11' island Find Sterling, VA homes for sale, real estate, apartments, condos & townhomes with Coldwell Banker Realty. Sterling Group is a real estate investment services firm specializing in multifamily housing and self-storage facilities. Enjoy Main Level Living in this 4Bed/2Bath Brick Ranch in Town, Convenient to All Amenities! Strategically reconfigure the property to maximize Net Operating Income. The unauthorized retrieval or use of this listing data is prohibited. Time on realtor.com. World-Class Service and Operational Excellence. This property features 5 bedrooms, two of which are Masters, and 3.5 bathrooms. Sterling IL Real Estate & Homes For Sale. Upstairs offers four large bedrooms and two full baths including the primary suite with shower and soaking tub. Our mission is to create communities that residents are proud to call home while generating strong returns for investors. Sterling PA Real Estate & Homes For Sale. The partly finished basement provides additional living space, while the large storage area allows for extra storage. .and if all of that isn't enough, it's in Botetourt Co! There are not many corner locations at prominent intersections on Scottsdale Road, said David Zeff, President of Sterling Real Estate Partners. Build when existing assets are trading above replacement cost. Gentle walk to the fabulous deep water dock complete with a large boathouse. Based on information submitted to The Roanoke Valley and Rockbridge Highlands MLS as of Mar 01 2023 09:40:01 EDT. Originally built in 1996, the 114-room extended stay hotel will be transformed into a luxury, 85-unit apartment community. A cozy fireplace in the living room adds charm. REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. There's even a storage shed for additional storage and a fantastic barbecue area. Sterling Capital is a premier real estate investment company diversified in various real estate holdings. Sterling Management Company is an affiliated property management company for Sterling Real Estate Partners. This 2-year-old home boasts many upgrades including: Crown Molding, hardwood floors, carpet and pads to name a few. This brick home is perfect for anyone looking for a one level living. All properties are subject to prior sale, change or withdrawal. We strive to double your money in five to six years, and frequently the returns are much higher. Sterling Real Estate Partners is an investment company focused on value creation for multifamily properties. They offer buyers and sellers the ability . However, the true highlight of this home is the backyard - the fenced-in yard provides ample privacy, while the well-maintained yard and covered porch offer the perfect outdoor oasis. Please let us know if you have any questions about the area, or there is anything our team of Realtors can do for you! Sterling Real Estate Partners 2021 | Website by, Sterling Real Estate Partners Starts Construction on Tucson Apartment Conversion, Sterling Real Estate Partners Acquires Scottsdale Hotel For Apartment Conversion, Sterling Real Estate Partners Acquires Tucson Hotel to Convert to Apartments, Sterling Real Estate Partners Acquires Mark at 87 Apartments, Sterling Real Estate Partners Acquires Land in Avondale For Class A Multifamily Development, 4 Reasons to Invest in an Opportunity Zone, Sterlings Commitment to Promoting from Within, The Emergence of Dallas Fort Worth as a Tier I Market, The Appeal of 1970/80 Vintage Workforce Housing & How to Acquire Them, Sterling Real Estate Partners Acquires Pennytree Apartments, Sterling Real Estate Partners acquires Silver Creek Apartments in off market transaction, Phoenix posts nations strongest rent growth, 37 towers in the works for downtown Austin. Full Unfin Lower Level: Great Storage space! WELCOME TO STERLING REAL ESTATE! $29,990. 2009. A cozy fireplace in the living room adds charm. 317 days on Zillow. MLS Disclaimer. Investments are also underwritten on an unleveraged basis and then capital structures are optimized to maximize risk-adjusted returns. Sign Originally built in the 1960s, the 278-unit Downtown hotel will be transformed into a modern, 210-unit apartment complex with approvals to develop an additional 154 units. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley and Rockbridge Highlands. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. She plays an integral role in the acquisition due diligence process to review and analyze property financial statements including detailed review of balance sheets and general ledgers. MLS# VALO2044862. Since its formation in 2013, SPC has committed itself to building long-term relationships with operators, sponsors, and investors who share our same values and investment philosophy. The foundation of Sterling Capital's success dates back to 1989, when America's financial . Priced under value to allow for buyer updates. The project's first units are . SPD is an affiliate of Sterling Equities, a 50-year-old real estate owner/manager and developer based in New York. meeting Are you new to the area? Sterling Real Estate Partners Starts Construction on Tucson Apartment Conversion, Sterling Real Estate Partners Acquires Scottsdale Hotel For Apartment Conversion, Sterling Real Estate Partners Acquires Tucson Hotel to Convert to Apartments, Significant discounts to replacement cost and attractive stabilized cash yields, Partnership distress and other complex situations, Opportunity to generate attractive returns using conservative underwriting. Originally built in the 1960's, the 278-unit Downtown hotel will be transformed into a modern, 210-unit apartment complex with approvals to . This one level home has been updated with new roof, new windows, refinished floors and freshly painted walls, providing a modern feel. Dreaming of homesteading? Offering 4bd/3.5 bath, over 3600 sq feet, and exterior walls built with 2x6 construction, the property is built to last! Capture the spread between stabilized Return on Cost and Exit Cap Rates. Jan 24, 2023, 12:15 PM. Sterling Management Company is an affiliated property management company for Sterling Real Estate Partners. 1 . If she has a goal, she wont stop until shes achieved it! Its holdings include commercial and medical office buildings, strip retail and regional malls, multi-family residential buildings, and hospitality. Sign up with your email address to receive news and updates. theater. We are Sterling Bay. Fantastic brick ranch ready for its new owners! Skip to content (602) 388-1278 Email Us She has also been a co-owner of a property management company where she was responsible for all aspects of starting up the operations, IT and accounting for the company as well as managing all operations. new Date().getFullYear()>2010&&document.write(" "+new Date().getFullYear()); Carolina Multiple Listing Services, Inc. Data last updated: Mar 01 2023 10:00:02 EDT. Read More Sterling Real Estate Partners, LLC Sterling Real Estate Partners is a local Real Estate Company driven by people and community that is backed by innovative, state of the art . The Suites on Scottsdale is located between Old Town Scottsdale to the South, the prestigious Paradise Valley neighborhood to the West, McCormick Ranch to the East, and the Scottsdale Airpark Employment Corridor to the North, boasting nearly 90,000 jobs. Pristine Lexington residence privately situated on its elegantly landscaped grounds enjoys easy walkability to downtown 2015. in. browsing the most up-to-date real estate listings around. $124,900. Outside, there is a shed, rocking chair front porch and the brick exterior adds a classic touch. This will include new balconies for every unit, enhanced curb appeal, and select rooms combined to improve the unit mix. The home has plenty of space for a growing family and offers a great outdoor area to enjoy. We will be delivering essentially new product at a significant discount to replacement cost.. 540-329-3010 . (You now enjoy full access to our site, so please feel free to Contact Email info@sterlingrealestatepartners.com. Sold - 1037 S Ironwood Rd, Sterling, VA - $390,000. For example, during the Great Recession, Freddie Mac single family loan delinquencies peaked at 4% while delinquency for multifamily loans hovered around 0.4%. Agent listings. While an extended deck with steps to grade offers more entertaining space. Brokered by Sterling Real Estate Partners. Managing our own assets allows Sterling to provide the highest level of service . View the latest news about Sterling Real Estate Partners' most recently aquired assets and property updates expanding our value-add portfolio. American Real Estate Partners and Harrison Street Joint Venture Commits $1 Billion to Develop 2.1 Million Square Feet of Powered Shell Data Centers Across Northern Virginia's Data Center Alley. Sterling had the property under contract since December of 2020 while it processed a change in use from hospitality to residential. 540-329-3010. Phoenix average rent registers the largest increase in the U.S. Phoenix leads US in population growth, new Census data shows, Sterling Real Estate Partners Expands TX Footprint, JV Acquires 332-Unit Luxury Community in Northwest Austin, Sterling Real Estate Expands Value-Add Portfolio with Phoenix Asset, Sterling Real Estate Snaps Up Austin Asset, Sterling Acquires 111-Unit Apartment Community in San Antonio, Bay Area Investment Firm Buys Alamo Heights Apartments, Value-Adds Still Alive and Well in Phoenix. Sterling Real Estate Partners is a vertically integrated real estate investment company that specializes in multifamily value-add, development, and adaptive reuse projects throughout the Southwestern United States. Purchase undervalued land in the path of growth. Their strategic entrepreneurial approach to the acquisition, development, and management of institutional assets. If we get new information about a property STERLING PRIVATE CAPITAL (SPC) IS A PRIVATE EQUITY FIRM ACTIVELY SEEKING BOTH REAL ESTATE AND OPERATING COMPANY INVESTMENTS. We invite you to browse all local home listings, either Homes Under $100K or Homes $100K and Up.. Master bedroom is generous with a ensuite that is a treat for sure! CONTACT US. The location of this property could not be better. We pursue investments at discounted values relative to stabilized cash flows, market comparables and replacement cost. Finally.WOW! The conversion will consist of modifying the existing structure to conform to Scottsdale building codes. Completely renovated, 4 bedrooms, 3 full baths, home office, open concept, custom kitchen cabinets and a HUGE 11' island, granite with chiseled edge finish, amazing master with custom closet organizer system and gorgeous ensuite bathroom, a second living room on the lower level with a wet bar, screened in porch, deck that spans the entire length of the house and leads to a rock firepit area and a 1 acre flat corner yard!! She frequently consults with other local real estate investors on construction, zoning and complex re-developments.She often thinks like her male counterparts in order to succeed in a predominantly male industry.Team members, say, Rachel has innovative imagination whos unafraid to think outside the box. Don't Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. 545wyn . Sterling Real Estate Partners | 23 followers on LinkedIn. 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