Tucson, Arizona

Investments

Monument Opportunity Fund III

Monument Capital Management launched Monument Opportunity Fund III (MOFIII) in September 2015 and successfully added 11 properties, totaling 2,400 units, with $129 million in total assets.  The Fund entered new markets in Kentucky and Arizona and revisited successful markets in South Carolina which experienced significant job creation.

Representative states include South Carolina, Georgia, Arizona, Kentucky and Texas.

Fund Properties

St. Andrews Apartments – 224 Units
Location: Columbia, SC

Purchase Amount: $9,800,000

Peachtree Place – 240 Units
Location: Columbia, SC

Purchase Amount: $9,100,000

Legacy of Athens – 239 Units
Location: Athens, GA

Purchase Amount: $13,450,000

Park Square – 96 Units
Location: Spartanburg, SC

Purchase Amount: $5,200,000

Park West – 359 Units
Location: Greenville, SC

Purchase Amount: $16,750,000

Magnolia Townhomes – 98 Units
Location: Spartanburg, SC

Purchase Amount: $5,500,000

Casa Bellisima – 276 Units
Location: Glendale, AZ

Purchase Amount: $13,500,000

Brookwood Apartments – 272 Units
Location: Tucson, AZ

Purchase Amount: $13,000,000

Pinebrook – 208 Units
Location: Lexington, KY

Purchase Amount: $12,750,000

Plantation Flats – 226 Units
Location: N. Charleston, SC

Purchase Amount: $22,600,000

Timber Run – 120 Units
Location: Houston, TX

Purchase Amount: $7,050,000