The Palms Apartments - Yuma, AZ

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EKL Investment Group and its partner, Kahuna Investments is pleased to announce the acquisition of The Palms Apartments. The Property consists of 152-garden style, apartment homes in 12 two-story buildings. The community was developed in 1986 and has been meticulously maintained. Modern units, spectacular curb appeal and lush mature landscaping all add to the charm of Catalina Village. The complex is built on approximately 5.257 acres, with density of 28.91 units per acre. Construction is wood frame and stucco, with built-up and cement tile roofs. The 25 Corporate Suites have maintained historical occupancy of approximately 60 percent in the summer months and 99 percent occupancy in the winter months. The strategy at Catalina, will be to find yearlong tenants using advanced marketing techniques and Best in Class Management practices to retain high credit scoring tenants that will stay year round.

EKL Investment Group and its partner, Kahuna Investments is pleased to announce the latest acquisition of a student housing asset, Campus Evolution Villages, an exclusive 356-bed student housing community, located in Weatherford, Oklahoma. The asset is situated within walking distance of the expanding Southwestern Oklahoma State University campus. 

Built in 2006, Campus Evolution presents as a B class student housing project. This asset is located within walking distance of Southwestern Oklahoma State University. We see an opportunity to build upon the current attributes to sustain positive NOI growth year-on-year when provided with the proper student advertising program, nighttime lighting update, maintenance of landscaping, effective operational plan and ongoing asset improvement budget.