Elevate Commercial Investment Group Acquires Camden Crossing, Expanding Its Multifamily Portfolio

BURLESON, Texas, Feb. 12, 2025 /PRNewswire/ -- Elevate Commercial Investment Group is proud to announce the acquisition of Camden Crossings, a premier 144-unit multifamily community located just 15 minutes south of Fort Worth in Burleson, Texas. This strategic acquisition aligns with Elevate's commitment to providing high-quality, cash-flowing real estate opportunities while delivering strong, risk-adjusted returns to investors.

Built in 2023, Camden Crossings is a Class A garden-style apartment community featuring modern amenities such as a resort-style swimming pool, a pickleball court, a dog park, and stylish unit finishes including granite countertops, stainless steel appliances, and private balconies. The property benefits from a prime location in Burleson, a rapidly growing submarket with strong demographics, highly rated schools, and easy access to major employment hubs in the Dallas-Fort Worth metroplex.

This acquisition represents a compelling investment opportunity, with Elevate purchasing the asset at a highly favorable cost basis of $160,000 per unit and purchasing from the original developer. The property benefits from an innovative financing structure.

"Our acquisition of Camden Crossings underscores our disciplined approach to identifying high-quality assets with strong upside potential," said Jorge Abreu, Co-Founder and CEO of Elevate Commercial Investment Group. "With a stabilized cap rate of 7.6% and projected investor returns exceeding 17% IRR, we believe this asset will generate long-term value for our investors while enhancing the residential experience in Burleson. Although it was tempting to do more deals in 2024 we stayed disciplined and positioned ourselves and our investors for a strong 2025 and beyond."

The five-year business plan for Camden Crossings focuses on optimizing operational efficiencies through Elevate's vertically integrated management platform. Elevate's in-house construction and property management teams will work to streamline expenses, drive rent growth, and maximize NOI to ensure sustained asset appreciation.

With over $650 million in assets under management and a track record of successfully executing value-add strategies, Elevate Commercial Investment Group continues to strategically expand its presence in target markets including Dallas and its submarkets.

For more information on investment opportunities with Elevate Commercial Investment Group, visit Elevate Investment Portal.

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SOURCE Elevate Commercial Investment Group