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Stace Caseria is a partner in this 310-unit building situated in the strong market of El Paso Texas. El Paso was selected because it is home to one of the largest international trade hubs in the western hemisphere and boasts a 5-year average employment rate of 98.5%. It’s ranked the #1 most affordable major city in the U.S.
Stace Caseria is an investor in this property, a 180-unit located between Chattanooga and Atlanta. The property is currently one of the most desirable complexes in the region, accounting for its near 100% occupancy for the duration of ownership. Cost segregation has allowed us to depreciate the asset even quicker, resulting in tax savings for investors.