Our Properties

We buy and manage multi-family
residential properties, in mid-western U.S.

Country Squire Apartments

24126 Country Squire St Clinton Township, MI 48035

Country squire apartment homes is a place where you can enjoy quiet, comfortable and convenient living. Our community offers spacious 1 bedroom 1 bath and 2 bedroom 1.5 bath floorplans with walk in closets and ample storage. All of our apartments have large closets, central heating and air, wall to wall carpeting and private balconied or patios. We are just minutes from Metro beach area, entertaining and dining!

2024
Purchased
208
Units
50
Property Age

Weathervane Apartments

24505 Weathervane Blvd, Clinton Township, MI 48035

Weathervane is in the perfect location! Not only are we nestled in the heart of Clinton Township but offer a wonderful mix of city and suburban living. Close to interstate 94, popular restaurants and shopping. We take pride in our property!

2024
Purchased
118
Units
39
Property Age

Miller Beach Apartments* (Previously Owned Property)

440 N Lake St, Gary, IN 46403

This underperforming work-force housing asset is a good example of the type of properties Contrast REIT is planning to acquire. Contrast Asset Management, (the REIT Manager) employs the same team that acquired in 2018, Miller Beach Apartments, managed it, and sold it on behalf of a Canadian Limited Partnership in 2020.

Miller Beach Apartments had attractive characteristics of a great value add opportunity. Its primary deficiency was poor management, which was quickly remedied when the property was purchased.

The exterior physical condition was far superior to many comparable buildings from the 1960’s. The common areas were above average for this class of property. However, approximately 50% of the units had interior conditions that were in a below average state. Increased revenue was derived from economically renovating the units and streamlining the operating expenses of the property. Significant growth in the value of the property was realized upon exit (sale), to an owner seeking consistent positive cash flow.

 

*Miller Beach Apartments is an example of the type of property that Contrast REIT will be targeting to acquire. Similar results are not guaranteed.

2018
Purchased
10%
Yearly Distribution
16.25%
Net Avg. Annualized Return
680
Units
60
Property Age

Contact Us

Please enter your details below for more information and take advantage of this exclusive investment opportunity with CONTRAST REIT. You will be contacted by Janet Rodrigues, a licensed dealing representative with Belco Private Capital Inc.

Contrast REIT is an exempt market security and may only be offered through registered exempt market dealers. Contrast REIT has retained Belco Private Capital Inc. to act as its exempt market dealer.

Do you agree to be contacted?(Required)