06/23/2021
🎉JUST CLOSED!🎉
Its Official! It's with great joy and a grateful heart to announce that we just closed this 100-unit portfolio that includes three different properties in Kalamazoo, Michigan!!
A HUGE thank you to:
- Lead sponsors Alberto Delgado and Satheesh Ra for their relentless efforts in getting us across the finish line
- Crucial support from Brandi K Allen-Shotwell, Mark Kenney, and Dugan Kelley ...you guys are the ultimate professionals!
- Our awesome team of general partners: Derek Baker,Eric Dvorak, Donald Thomas, Neeraj Bhat, Carlos Ortega, Josh Plave, and Andrew Frye.
- All our awesome investors who all helped to make this happen
✨ Here are some of the HIGHLIGHTS of why we love this $4.25MM deal:
💥 strong value-add opportunity with substantial cash flow from DAY ONE
💥 below-market rents with a potential for $100/month increases
💥 excellent location for growth with proximity to schools, main traffic arteries, and recreation centers
💥 Kalamazoo is home to Pfizer's largest manufacturing facility, currently producing one of the COVID-19 vaccines
💥 Stryker Corporation is one of the world’s largest medical device companies and is headquartered in our city!
We are really excited about this opportunity with these three properties. Improved resident housing through best-in-class property management will bring these properties back to the top of the move-in list for the area.
We are so grateful to our investors who believe in the business plan and our general partnership team. Together we will achieve our financial goals and community improvement.
If you'd like to hear more about what we are up to at Jamtine Investments and these types of opportunities, reach out or check us out at www.jamtineinvestments.com
Jamtine Investments is proud to call Michigan home and look forward to more investment opportunities in the near future.