Columbus, Ohio

Investments

Monument Opportunity Fund

Monument Opportunity Fund (MOF) is the second fund launched by Monument Capital Management in 2014. MOF purchased 15 properties in 15 months, totaling $151 million and 3,000 units.

Building on the success of Monument Multifamily Investors Fund, MOF utilized a similar investment strategy identifying and acquiring workforce housing in key locations including North Carolina, South Carolina, Maryland, Ohio, Virginia, Texas, and Georgia.

For this fund, Monument Capital Management expanded its target areas from the Mid-Atlantic and Southeast to also include the Midwest and Southwest regions of the U.S. to further diversify its portfolio and capitalize on opportunities in the multifamily market.

Fund Properties

Somerset Apartments – 240 Units
Location: Charlotte, NC

Purchase Amount: $4,900,000

Abbington Village – 194 Units
Location: Columbus, OH

Purchase Amount: $10,000,000

Ashley Village – 220 Units
Location: Columbus, OH

Purchase Amount: $10,000,000

Chatham Village – 136 Units
Location: Columbus, OH

Purchase Amount: $6,000,000

Courtship Village – 132 Units
Location: Lancaster, OH

Purchase Amount: $4,000,000

Frontier Apartments – 182 Units
Location: Roanoke, VA

Purchase Amount: $8,700,000

Oaks at Park South – 510 Units
Location: Oxon Hill, MD

Purchase Amount: $37,000,000

The Crossings at Allan Square– 111 Units
Location: Pasadena, TX

Purchase Amount: $4,100,000

The Crossings at Burke Regency – 190 Units
Location: Pasadena, TX

Purchase Amount: $7,200,000

The Crossing at Sun Meadow – 180 Units
Location: Pasadena, TX

Purchase Amount: $7,700,000

Laurel Pines– 120 Units
Location: Richmond, VA

Purchase Amount: $6,600,000

Reserve At Cavalier – 150 Units
Location: Greenville, SC

Purchase Amount: $6,900,000

Edgewater Trace – 159 Units
Location: Savannah, GA

Purchase Amount: $9,700,000

Timberland– 176 Units
Location: Savannah, GA

Purchase Amount: $10,800,000

901 Center Station – 400 Units
Location: Durham, NC

Purchase Amount: $17,300,000