Zovest - Value-Add Apartments and Land Development
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We buy value add Apartments

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  • Apartments are I.D.E.A.L. (Income, Depreciation, Equity, Appreciation and Leverage) investments
  • You can get constant cash-flow from the rents and appreciation of the property due to value-add renovations we will be implementing
  • We can obtain long term leverage (debt) from Fannie Mae and Freddie Mac agencies for Apartments
  • There are great tax benefits like Depreciation, Accelerated Depreciation, Bonus Depreciation which can offset lot of your taxes (Please consult your C.P.A. before taking any tax decisions)
  • The country needs 4.6 Million apartment units by 2030 because of new households that are formed
  • Single Family home sales are losing momentum and rental lifestyle is favored
  • Millennial are not interested in home ownership
  • Pick growing markets where population, jobs are increasing and projected to increase
  • Buy Class B and C apartments which need value addition
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Typical Garden Style Apartment

We do Land Development 

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  • “Buy land, they're not making it anymore” - Mark Twain
  • We develop sub-divisions and build workforce housing Apartments/ Townhomes/ Duplexes in hot markets where existing inventory is expensive
  • We buy raw land, rezone, develop it, construct, lease up and place long term Freddie Mac/ Fannie Mae/ HUD financing​
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New Construction - Durham, NC

Value-Add Apartment projects

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Chapel Hill Aparments

Kansas City, MO
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Coventry Park Apartments

Kansas City, MO
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Walnut Ridge Apartments

Kansas City, MO
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Chicle Apartments & Townhomes

Cleveland, OH
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Casa Grande Apartments

Jacksonville, FL
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Elm Tree Apartments

Jacksonville, FL
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Hyacinth Lofts

 
Cleveland, IA

Land Development Projects

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Summer Meadows Apartments

Raleigh/ Durham, NC
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Duke 97 Townhomes

Raleigh/ Durham, NC
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Enclave At Liberty Hill

Austin, TX
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Lakeside Estates Georgetown

Austin, TX
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Twin Creek at Manor

Austin, TX
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Creekside at Red Oak

Dallas, TX
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Vista Townhomes

Austin, TX
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Cimarron Hills (Reserve and Range)

Austin, TX
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Brentwood Village

Redding, CA
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Cottages at Bel Air

Redding, CA
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Taylor Estates

Austin, TX
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Riverside Duplexes

Austin, TX 
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Sherron Road Apartments

Durham, NC

 

  
  

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  • Home
  • What We Do
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