Property Summary
Wilton Pointe Apartments
Investment Summary
Location: Wilton Manors, Fla
Units: 73
Strategy: Renovation/Repositioning
Six Four Asset Management executed a successful value-add strategy at a 73-unit multifamily property in Wilton Manors, a suburb of Ft. Lauderdale, FL. Acquired in 2021, the business plan centered on unit renovations to drive rents to market rates. Over the past 2.5 years, approximately 90% of units have been upgraded with new flooring, solid countertops, stainless steel appliances, bathroom improvements and more. These strategic renovations have allowed Six Four to increase rents by 33% since acquisition, lifting overall property revenue. With renovations nearly complete, the asset is well-positioned for continued strong performance and income generation. The project demonstrates Six Four's skills in identifying and maximizing value-add opportunities through hands-on asset management and strategic capital improvements.