Our Strategy

Investment Approach

Precision in Acquisition, Excellence in Management

At West River Properties, our investment strategy centers on multi-family properties, leveraging detailed analysis and strategic foresight to select and manage assets that maximize investor returns. We are committed to a disciplined approach that identifies properties with high potential for appreciation and reliable cash flow.

Why Multi-Family Properties?

A Keystone of Real Estate Investment

Multi-family properties are a cornerstone in our investment strategy due to their resilience in economic fluctuations and potential for steady income streams. These properties typically offer:

• Higher Demand: Continuous demand driven by demographic trends and economic factors.
• Scalable Investments: Opportunities to enhance value through upgrades and efficient management.
• Diversification: Reduced investment risk through a variety of tenants and locations.

Our Investment Criteria

Structured for Success

Our criteria for selecting multi-family properties are designed to ensure each investment meets our high standards for return potential:

• Transaction Size: We focus on deals ranging from $2 million to $50 million, providing a broad spectrum of opportunities from boutique buildings to larger complexes.
• Asset Type: Our primary targets are C to B+ rated multi-family properties that maintain at least 85% occupancy, demonstrating stability and profitability.
• Market Selection: We invest in both primary and emerging markets nationwide, taking advantage of demographic and economic trends for optimal asset performance.
• Financial Metrics: We aim for a debt coverage ratio of 1.5 and seek properties capable of achieving 7-8% cash-on-cash returns at acquisition in primary markets, or 8-10% in secondary/emerging markets.
• Investment Horizon: Our properties are typically held for 3-7 years, allowing for significant asset appreciation and value extraction through strategic refinements and market timing.

Management and Operations

Optimizing Every Asset

Post-acquisition, our management team implements a rigorous operational strategy focusing on cost efficiency, tenant satisfaction, and long-term viability:

• Active Management: We actively manage every aspect of our properties, from tenant relations to maintenance, ensuring high standards and operational excellence.
• Value-Add Initiatives: Strategic improvements and amenities upgrades to attract higher-paying tenants and increase rental yields.
• Regular Assessments: Continuous evaluation of property performance to adapt strategies in line with market changes and opportunities.