Green Level is a 131 lot community in Burlington, NC. Upon acquisition in February 2022, the community sat at 58% occupancy (77 homes) and had not been maintained to its full potential due to a lack of curb appeal and passive management.
Within twelve months of acquiring the community 54 new affordable high quality homes were installed stabilizing occupancy at 100%. Other capital improvements included a complete repavement of community roadways, tree removal and onsite staffing enhancements to improve resident service.
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Reedy Fork is a 74 lot community in the growing submarket of Elon, NC. Upon acquisition in April 2022, the community sat at 32% occupancy (24 homes) and was in need of extensive repairs due to long term legacy ownership.