Reedy Fork

reedy-fork-before (1)

Before

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.

After

Within six months of acquiring the community, 50 new affordable high quality homes were installed to bring community occupancy to 100%. Other capital improvements included a complete repavement of community roadways, upgrades to sewer infrastructure and the addition of a community office with full time onsite staff to improve resident service.

Similar case studies

Green Level
NC 27217
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.
Load more

Contact us

275 Madison Ave. Suite 2010, New York, NY 10016

Connect

2024 Lasso Capital Inc. All Rights Reserved.