This property has been one of the top-performing assets in our portfolio and the growth in stats since we’ve acquired the property speak louder than words. Through upgrades to the parking lot, landscaping, new signage, and unit renovations to nearly half of the townhomes, we were able to increase rent, shrink the vacancies at this property, and boost the overall tenant experience.

Now, Lakeland Village often sits fully occupied, down from a 25% vacancy at takeover. Due to the high demand for townhomes, this property has stabilized and remains a strong cash flow within the portfolio.