• Home
  • Our Team
  • Investment Strategies
  • Our Portfolio
  • Contact Us
  • Podcast
  • Syndication FAQ's
  • More
    • Home
    • Our Team
    • Investment Strategies
    • Our Portfolio
    • Contact Us
    • Podcast
    • Syndication FAQ's
  • Home
  • Our Team
  • Investment Strategies
  • Our Portfolio
  • Contact Us
  • Podcast
  • Syndication FAQ's

Real Wealth Solutions

Real Wealth SolutionsReal Wealth SolutionsReal Wealth Solutions

Our Portfolio

Our portfolio

62 Units in Johnson City Tennessee SOLD MARCH 2021

41 Units in Chattanooga Tennessee SOLD FEBRUARY 2020

62 Units in Johnson City Tennessee SOLD MARCH 2021

62 Units in Johnson City Tennessee undergoing a complete renovation.  We bought this property at a great price, but in tremendous need of repairs and updating.  We are using a bridge loan with plans to refinance into long term agency debt by early 2020.

52 Units Knoxville Tennessee

41 Units in Chattanooga Tennessee SOLD FEBRUARY 2020

62 Units in Johnson City Tennessee SOLD MARCH 2021

Apartments in Knoxville Tennessee

A great B class portfolio in a nice residential neighborhood.  Purchased in February 2019 with $100-$150 upside in rents.

41 Units in Chattanooga Tennessee SOLD FEBRUARY 2020

41 Units in Chattanooga Tennessee SOLD FEBRUARY 2020

41 Units in Chattanooga Tennessee SOLD FEBRUARY 2020

41 units in Chattanooga.  This property was $100 under market rent when we took possession in February 2019.  Fully renovated units are meeting our pro forma projections and legacy units are releasing to market rents without significant upgrades.

49 Units in Johnson City Tennessee SOLD JUNE 2021

49 Units in Johnson City Tennessee SOLD JUNE 2021

41 Units in Chattanooga Tennessee SOLD FEBRUARY 2020

Purchased in March 2020, we have realized $100-$150 rent increases with a modest rehab strategy.  With it proximity to the Easter Tennesee State University and the health care district, we are confident that the location will be desirable for years to come.

68 Units in Mulvane Kansas

49 Units in Johnson City Tennessee SOLD JUNE 2021

68 Units in Mulvane Kansas

Purchased in March 2021 this B class property is poised for growth with only light rehab and management efficiencies needed to achive $100 rent increases.


31 Units Bristol Virgina

49 Units in Johnson City Tennessee SOLD JUNE 2021

68 Units in Mulvane Kansas

This value add was purchased in December 2021.  Although needing significant improvements, and well below market rents, we anticiapte solid performance once stabilized.



34 Units Jefferson City TN

Arrow Creek Resort Gatlinburg TN

171 Lot RV Resort Portfolio

This 506c syndication was stabilized when we purchased, but it's out dated interiors limited it's market appeal.  We're investing significant money into interior upgrades and exterior amenities to create one of the most desireable properties in this smaller market outside of Knoxville.



171 Lot RV Resort Portfolio

Arrow Creek Resort Gatlinburg TN

171 Lot RV Resort Portfolio

This portfolio is a partnership with The Requity group.  It covers two resorts in Kentucky and Tennessee.  Both have significant opportunity through operating efficiencies.



Arrow Creek Resort Gatlinburg TN

Arrow Creek Resort Gatlinburg TN

Arrow Creek Resort Gatlinburg TN

Located in one of the most visited National Parks in America, this park has both development potential and significant updside by changing from monthly to daily rentals.



Our Preferred Markets

Johnson City and the Tri-cities area

Good fundamentals, good cashflow.

  • Northeast Tennessee’s population grew to 1.5 million in 2018, an 0.6% increase from 2017.
  • Washington County's  (includes Johnson city) population is 126,437 people. Since 2010, it has had a population growth of 5.57%.
  • Positive wage growth in 2018 over 2017:  Johnson City up 2.9%, Kingsport/Bristol up 3.6%.
  • Low Unemployment: 3.4% reported for May 2019.
  • Johnson City, Kingsport and the Bristol areas combined would put them just outside the nations top 100 MSA's.


Chattanooga

The "Gig city" remains strong

  • 3.1% unemployment with over 10,000 jobs added in 2018.
  • Fourth fastest rent growth in the nation, and the second in the South Atlantic region.
  • Fastest rate of increase in six quarters.
  • Has risen for eight consecutive quarters.
  • Hamilton County population has grown every year since 2011.
  • $5 billion of new investment and nearly 40,000 more jobs in the Chattanooga trade area since 2009. 

Knoxville

The Marble City is solid

  • Knoxville unemployment rate is 2.9% as of February 2019.
  • Q2 2019 Vacancy 5.1% with 2.5% YOY rent growth.
  •  Job creation more than doubled over the past year as Knoxville employers hired 7,600 workers.
  • Population projected to add 36,000 by 2023.
  • UT Plans $129 million for a new engineering and research facility.
  • Denso will create 1,000 jobs as it expands its 194-acre manufacturing campus in Maryville, a suburb of Knoxville. 

Nashville

The Marble City is solid

  • Amazon invests $230 million bringing 5000 jobs.
  •  Future job growth over the next ten years is predicted to be 48.3%, which is higher than the US average of 33.5%.
  • Nashville 10th Fastest-Growing Metro in the United States.
  •  Smile Direct Club plans to hire 2,010 new employees through 2024.
  • Downtown Nashville expected to swell to 21,000 after 130% population growth.
  • Murfreesboro, Franklin, Clarksville and other surrounding areas benefitting from explosive growth in Nashville.


Copyright © 2022 Real Wealth - All Rights Reserved.

  • Contact Us