South Dakota State Wide Acquisition

Case Study

South Dakota State Wide Acquisition

Acquired: Dec, 2018/March 2019

Units: $50M/$88M

Opportunity:
A chance to invest in a market that historically has been insulated from economic fluctuation. Quaternary market with steady population growth for decades.

Total Capitalization

Cash on
Cash

Internal Return Rate

Equity Multiple

Challenge

Flyover State
Low Transaction Volume
Multi-Site Management
Properties Historically Owned By Single Operators

Execution

Combined four different sellers into one closing.
Completed extensive deferred maintenance within two months of closing.
Created a structured management platform to handle 30+ properties in the region.

SVP of Business Development, Michael Davalos

MICHAEL DAVALOS

SVP of Business Development

CONTACT US

(786) 295-9568
BIZDEV@TZ-M.COM
11098 Biscayne Blvd, Miami, FL 33161