Our strategy for Lake Ridge includes a light value-add approach, focusing on two main areas: recapturing lost lease by adjusting below-market rents to current rates, and improving operational efficiencies, such as implementing utility billing. These steps are anticipated to significantly increase the community’s value without relying on the more challenging infill process. We aim to implement reasonable 5% rent increases, yearly – to boost your bottom line and ensure residents are happy.

Situated in a region with a burgeoning demand for affordable, high-end recreational living, Lakeridge stands out as an irreplaceable property. With its 100 all-waterfront spaces, it caters to a significant market niche, underpinned by a strong demand for luxurious yet affordable waterfront living options. The economic and lifestyle appeal of Central Ohio, coupled with the property’s unique positioning and the substantial instant equity generated upon acquisition, positions Lakeridge as a highly desirable investment. This offers investors a promising avenue for sustained and robust returns, capitalizing on the unmatched appeal and potential for rental growth in a market where such offerings are scarce.