Below is a Portion of Our Acquired Properties  

Beacon Isles

Located in the burgeoning Country/Westchase submarket of Tampa, Beacon Isles consists of 484 units housed within approximately 350,000 square feet of terrain. Given its proximity to the Westshore Business District among other employment and entertainment epicenters, Beacon Isles wields increasingly more attraction to lifestyle conscious renters. As the property’s previous ownership spent over 2 million in capital expenditures in renovations, Montcler’s ownership has focused on introducing revenue-yielding renovations such as a new fitness center, pool, in-unit upgrades, and a club house in order enhance the caliber of the property.  

Huntington 

Situated in the robust submarket of East Jacksonville, this 224 unit multifamily complex boasts a 97% occupancy rate and 4% year on year rent increases. The property neighbors the Hidden Hills Country Club and Estates, which intertwines an Arnold Palmer designed golf course alongside luxury residences. A few minutes west of Huntington are I-295 and the Arlington Expressway, which provide immediate access to Jacksonville’s Central Business District among other major employers and entertainment complexes. Moreover, as the number of multifamily unit permits was 14% the national average, the barrier to entry has remained high for those wishing to serve this submarket. 

WoodCreek Apartments 

Woodcreek Apartments lies along Monument Road, a major artery dividing residential neighborhoods from high-density retail complexes. Directly opposite the community are Regency Square Mall, Target, Lowe’s and Home Depot among other retailers. This 260 unit residential community is spread across approximately 200,000 square feet of land and boasts 91% occupancy. Moreover, its strong operational performance compounded with the fact that it boasted below market monthly rents fostered the appropriate conditions for Moncler  acquisition of Woodcreek Apartments. Building upon the momentum of the previous ownership, Moncler capital has introduced value added renovations across the vast majority of units, which has translated to a $45-$85 increase in monthly rental rates upon completion.