This brick home is perfect for anyone looking for a one level living. 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. Home; Search; Sterling Advantage; Finance; 1% Cash Rebate! The Finished basement is perfect for playroom or home. Sterling's success is a direct result of implementing difficult repositioning strategies and maximizing financing structures to create value for our partners. 1 . A cozy fireplace in the living room adds charm. account. MLS Disclaimer. RE/MAX OF LAKE WALLENPAUPACK - GREENTOWN. Large living room that opens to the formal dining room. Real estate offers tax advantages over nearly every other investment including stocks, bonds, businesses, precious metals, and even oil. (optional). Save your search to receive updates when a new property hits the market! Originally built in 1996, the 114-room extended stay hotel will be transformed into a luxury, 85-unit apartment community. He was also the managing general partner of 40 Rector Street, a 500,000 square foot commercial office building located in Downtown Manhattan. For Sale. 461 Padgetts Hill Rd, Natural Bridge, VA 24578, Rainbow Knoll is majestically situated on a scenic knoll off Padgetts Hill Road: 6 rolling acres with extraordinary views of the Blue Ridge Mountains. We offer 24 hour service to you and your tenant and have an experienced staff waiting to assist you. In 2015, David created Sterling Real Estate Partners to acquire market rate, value-add multi-family properties. Leadership. 2010. Our objective in self-managing our own assets is to be able to provide the highest level of service, tailored to meet the individual needs of our residents, clients, employees, and partners. Site amenities will be updated during the conversion with upgrades budgeted for the pool area, fitness room, clubhouse, conference room, dog park, and outdoor lounge. Latest Properties. Sterling Real Estate Partners If she has a goal, she wont stop until shes achieved it! Their strategic entrepreneurial approach to the acquisition, development, and management of institutional assets. For Sale. A cozy fireplace in the living room adds charm. Capture the spread between stabilized Return on Cost and Exit Cap Rates. 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. 1974. Washer Dryer, Dining, Office Light Fixtures and Dog Fence Transmitter do not convey. On the other hand, real estate syndications routinely yield average annual returns of 13% or more and thats after fees, is taxed at a much lower rate (if at all), and makes a great hedge against inflation. Sterling Equities founded by Fred Wilpon and Saul Katz as a vehicle to develop and invest in real estate. Read More Gorgeous colonial situated on1.6 acres of lush land. new Date().getFullYear()>2010&&document.write(" "+new Date().getFullYear()); Carolina Multiple Listing Services, Inc. Data last updated: Mar 01 2023 10:00:02 EDT. This brick home is perfect for anyone looking for a one level living. A And we build bold. Sterling Real Estate Partners 2021 | Website by. Maintenance free ranch on 5 acres, spacious and open floor plan. Skip to content (602) 388-1278 Email Us This one level home has been updated with new roof, new windows, refinished floors and freshly painted walls, providing a modern feel. verification code, you will be able to choose a new password for There is a large unfinished basement, perfect for storage or perhaps a future expansion. By. $109,500. Email Address. Master bedroom is generous with a ensuite that is a treat for sure! Find company research, competitor information, contact details & financial data for Sterling Real Estate Partners of Asheville, NC. Reach Bridgewater area in less than 10 minutes by boat. Lea Ann is also responsible for the review of all operating and financial results for third-party managed assets. Sterling Real Estate Partners is an investment company focused on value creation for multifamily properties. Whether you are buying or selling a home, hire someone like me who wants to earn your business. 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. 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!! Other listings. Spectacular views and breathtaking peaceful sunrise moments await. While the price for existing apartments continues to exceed replacement costs, this is another opportunity for Sterling to find and create value in this market, added Zeff. Address : 929 East Bethany Home Road, Phoenix, AZ, USA, Address : 9880 North Scottsdale Road, Paradise Valley, AZ, USA, Address : 475 North Granada Ave, Tucson, AZ 85701, USA, Address : 708 N Country Club Dr, Mesa, AZ 85201, USA, Address : 232 South Macdonald, Mesa, AZ 85210, USA, Address : 1401 Patricia, San Antonio, TX 78213, USA, Address : 4822 Gus Eckert Road, San Antonio, TX 78240, USA, Address : 2627 N 45th Ave, Phoenix, AZ 85035, Address : 12600 Avery Ranch Blvd, Cedar Park, TX 78613, USA, Address : Cielo Apartments, North 19th Avenue, Phoenix, AZ, USA, Address : Seventh Apartments, North 7th Street, Phoenix, AZ, USA, Address : Cross Creek Apartments, Austin Highway, San Antonio, TX, USA, Address : Chestnut Park, West Silver Sands Drive, San Antonio, TX, USA, Address : 2302 E William Cannon Dr, Austin, TX 78744, USA, Address : Sterling On 28th Apartments, North 28th Drive, Phoenix, AZ, USA, Address : The Sofia Apartments, North Vandiver Road, San Antonio, TX, USA, Address : Hawthorne Apartment Homes, North 3rd Avenue, Phoenix, AZ, USA, Address : Radius Apartments (Previously Known As-SilkTree Apartments), Phoenix, AZ, USA, Address : The Edge on South Congress, South Congress Avenue, Austin, TX, USA, Address : dalewood townhomes - apartments in austin, tx, Dalewood Drive, Austin, TX, USA, Address : The Manor House Apartments, Austin TX, Address : Park at Idlewild, Idlewild Drive, Reno, NV, USA. This property features 5 bedrooms, two of which are Masters, and 3. There is a large unfinished basement, perfect for storage or perhaps a future expansion. 1972. In January, Sterling Real Estate Partners began converting an obsolete hotel in Tucson, Ariz. into a 212-unit apartment complex called Presidio Palms Apartments. Davids experience includes the acquisition and asset management of approximately $400 million of commercial real estate including office, industrial, retail and single and multi-family properties. Sterling had the property under contract since December of 2020 while it processed a change in use from hospitality to residential. The new windows and refinished floors give it a modern feel, while the freshly painted walls offer a clean and inviting atmosphere. We look for properties with an average cash on cash return of 8%+ over 5 years. Welcome to Sterling Prope rties & Management, LLC ~ your source for real estate and rental properties in Lexington and its surrounding areas. Your Agent listings. There is always net equity invested after fees. This beautiful 4-square, 2-story home boasts numerous homeowner updates and is ideally located in the heart of Grandin. Although the Multiple Listing Service of The Roanoke Valley and Rockbridge Highlands are the source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. Full Unfin Lower Level: Great Storage space! Upstairs, you'll find three bedrooms as well as an additional room perfect for use as a walk-in closet. We request that you contact us directle at 540-462-3770 to check for applications in place. Delight in a chefs kitchen complete with hickory cabinets. BETTER THAN NEW! Phoenix, Arizona Area . Originally built in 1996, the 114-room extended stay hotel will be transformed into a luxury, 85-unit apartment community. This is the perfect opportunity to own your own piece of colonial paradise. Finally.WOW! For example, we have extra funds at closing and continue to add to those reserves from cash flow; we secure either long-term debt or if do require a bridge loan, we have one or more options to extensions (this is important should there be a market correction); we look for value-add deals with strong cash flow that we can stabilize in 12 to 24 months. Minimize risk profile by offering low gross rents in the subject submarket. Poessession after recording Purchase undervalued land in the path of growth. Will a coronavirus-induced recession make it easier to buy a house? 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. Multifamily delinquency rateat its peakwas 90% lower than the residential rate in the Great Recession. Full unfinished basement with so many possibilities to expand and finish it out. All information is deemed reliable but not guaranteed and should be verified by buyer or buyer's agent. Sterling Real Estate Partners | 23 followers on LinkedIn. But since the old owner sold to a management company earlier this year, everything has really gone downhill. Pursue refinancings that will produce tax-deferred distributions. Sterling Residential Management's team of asset and property managers and financial and accounting professionals manage assets throughout the US for its directly held assets and its Funds, with an increasing focus on its home base in the New York metropolitan area. Jan 24, 2023, 12:15 PM. 369 Bay Laurel Lane, Hendersonville, NC 28791, Sign Sterling Real Estate Partners is an investment company focused on value creation for multifamily properties. She manages reporting requirements for lenders, investment partners and other stakeholders and will coordinate annual tax returns. Prior to joining Sterling Equities in 2005, Mr. Browne was the Owner and President of Construction Solutions, where he was involved in the coordination and supervision of over $1 billion worth of projects. 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. 4.7 acres lot - Lot / Land for sale. The home has plenty of space for a growing family and offers a great outdoor area to enjoy. Outside, there is a shed, rocking chair front porch and the brick exterior adds a classic touch. Dreaming of homesteading? Sterling Real Estate Partners II, LLC: 58063: 8/4/2010: U.S. Bankruptcy Court Northern Division- S.J. Current Kitchen stove is gas, but Buyer can switch to electric at their expense as home is set up for either type. Find 2021 listings related to Sterling Real Estate Partners Ii in Watsonville on YP.com. New Construction recently closed by Jeff Jelinek! Sterling PA Real Estate & Homes For Sale. Download our brochure to read a full summary. 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. Interested in finding information about the demographics, population, and more? 828-273-9108. Sterling Real Estate Partners 2021 | Website by, Sterling Real Estate Partners Acquires Mark at 87 Apartments, Sterling Real Estate Partners Acquires Scottsdale Hotel For Apartment Conversion, Sterling Real Estate Partners Starts Construction on Tucson Apartment Conversion, Sterling Real Estate Partners Acquires Tucson Hotel to Convert to Apartments. Its holdings include commercial and medical office buildings, strip retail and regional malls, multi-family residential buildings, and hospitality. See what employees say it's like to work at Sterling Real Estate Partners. The data relating to real estate on this Web site derived in part from the Carolina Multiple Listing . All listing data is refreshed regularly, but its accuracy is subject to market changes. Gentle walk to the fabulous deep water dock complete with a large boathouse. Zillow has 65 homes for sale in Sterling CO. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Over the past few decades, multifamily properties have been less volatile than the stock market and residential real estate. The average stock market return over the last 15 years was just over 7%. Upstairs offers four large bedrooms and two full baths including the primary suite with shower and soaking tub. Sterling Capital is a premier real estate investment company diversified in various real estate holdings. In stabilized properties we force appreciation by making capital improvements, enhancing management and reducing operational inefficiencies. Freshly painted, this home features 3 bedrooms and 1 bath. He lives in Scottsdale with his wife and two daughters. Our mission is to create communities that residents are proud to call home while generating strong returns for investors. 7 . 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. 77 Central Ave, Suite D Sterling Group is a real estate investment services firm specializing in multifamily housing and self-storage facilities. Generate IRR and Equity Multiple to compensate for risk profile. theater. 2.15 acre lot 2.15 acre lot; 99999 Greenleaf Dr, Flat Rock, NC 28731. Window Valances in entry bedroom do not convey. We offer 24 hour service to you and your tenant and have an experienced staff waiting to assist you. 2009. $109,500. There is a rocking chair front porch and rear deck, 2 storage sheds, nice privacy w/ wooded lot. 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