MULTI-FAMILY HOUSING
PWI has a history of creating excellent returns for investors due to their expertise in identifying emerging markets, using conservative debt, and navigating the complexities of zoning and permitting regulations within each municipiality. With a deep understanding of housing market demands and trends, they design properties that cater to the needs of potential residents, ensuring optimal living spaces and amenities. Leveraging their network of contractors and suppliers, they efficiently construct high-quality apartment buildings that meet the demands of the modern housing market while maximizing profitability and long-term sustainability.
MULTI-FAMILY HOUSING WORK
VERONICA LANE APARTMENTS
PWI is currently under construction on the Veronica Lane Apartments in the heart of Jackson Hole, WY. This is a 36 unit apartment complex with 9 workforce units. PWI took this project from acquisition, entitlement, and through permitting. PWI is currently managing the construction, and is estimating delivery of the asset in November of 2023.
Details
Division > Multi-Family Housing
Owned by PWI
(36) Units (1 & 2 bedroom mix)
Estimated delivery of November 2023
MEADOWS APARTMENTS
PWI acquired “The Meadows Apartments” in 2021. PWI repositioned the asset and created a significant value increase. Investors are now enjoying a 10% annual cash on cash return. PWI managed the renovation and re-lease of this asset.
Details
Division > Multi-Family Housing
Owned by PWI
(14) 2 Bedroom Units
Stabilized asset
CLUBMOSS APARTMENTS 2
Clubmoss Apartment Group 2 is the second phase of the Driggs “Clubmoss Portfolio”. PWI is currently under construction with the aim of delivering these buildings in August of 2023. PWI acquired the land, sourced the equity and obtained construction debt.
Details
Division > Multi-Family Housing
Owned by PWI
2x (12) Unit (1,2,3 bedroom mix) Buildings
Estimated delivery of August & September 2023
CLUBMOSS APARTMENTS
PWI built Phase 1 of the Clubmoss Apartments portfolio and delivered them in June 2022. PWI obtained 100% occupancy for the asset in 6 weeks. The Clubmoss Apartments are located in Driggs, ID in the Creekside Meadows Subdivision. PWI acquired the land, sourced the equity and obtained construction debt.
Details
Multi-Familiy Housing
Owned by PWI
(12) Units (1,2,3 bedroom mix)
New build
Stabilized asset
STEPHENS AVE APARTMENTS
PWI acquired the Stephens Ave Apartments in 2021, and began a renovation and repositioning of the asset. PWI was able to increase revenues 40%, and has maintained 100% occupancy since renovation. PWI refinanced this asset in January of 2023 and continues to own and operate it.
Details
Division > Multi-Family Housing
Owned by PWI
(14) Units (1 & 2 bedroom mix)
Stabilized asset
Full property electrical upgrade
Deck renovation
