MONUMENT OPPORTUNITY FUND
Monument Opportunity Fund (MOF) is the second fund launched by Monument Capital Management. MOF purchased 15 properties in 15 months for a total of more than $152 million. Building on the success of Monument Multifamily Investors Fund, MOF utilized a similar investment strategy identifying and acquiring workforce housing in key locations. For this fund, Monument Capital Management expanded its target area from the Mid-Atlantic and Southeast to also include the Midwest and Southwest regions of the U.S. in order to diversify the portfolio and capitalize on opportunities in the multifamily market.
Oaks At Park South [510 Units], Oxon Hill, MD Purchased For $36,936,225 Monument Opportunity
Frontier Apartments [182 Units], Roanoke VA Purchased For $8,650,000 Monument Opportunity
Somerset [240 Units], Charlotte, NC Purchased for $4.94MM, $850K Rehab Monument Opportunity
Universal Development Portfolio [682 Units], Columbus, OH Purchased For $30,000,000 Monument Opportunity
Madison Portfolio [481 Units], Pasadena, TX Purchased For $18,900,000 Monument Opportunity