Acquisition Criteria

  • Asset must be under performing with the rents under market so AmeriCan can immediately increase rents and therefore, income, with little to no expense.
  • There must be opportunity of completing our Premium Unit renovations on several units that is supported by rental increases.

  • There must be significant value add opportunities to increase income by adding:
    • Our Impact Program
    • Reserved and covered parking
    • In-suite laundry
    • Larger yards
    • Improved amenities

 

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