LAKELAND COMMONS

Total Units: 196
Targeted IRR: 15.1%

Located next to our Lakeland Tower property, Bluestone Towers features larger units, rolling hills, and beautiful foliage. This 198 unit property was purchased in 2020 and is undergoing rehab. Our plans call for us to rebrand and reposition the property. Aside from the repositioning strategy, there is an opportunity to apply modern property management practices to boost income and value growth potential.