Casa Del Parque Apartments

Opportunity Overview

• Gomel Capital Partners (“Gomel” or the “Sponsor”) is under contract to purchase the Casa Del Parque Apartments (the “Property”), comprised of 57 units and 53,730 square feet.
• The transaction was procured by leveraging our local reputation and professional relationships in the Texas markets.
• The Seller has a small operation & limited experience in this market and has not been running the property to peak performance. The property’s income is below market and operating expenses are high.
• The Sponsor intends to increase the scope of unit upgrades to reach peak market rents while reducing operating expenses to market

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