Elkstone Capital Partners
Leading the Herd in Real Estate Investments
Why Invest With Elkstone Capital Partners?
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45,000,000
AUM
$
454
Doors
+
4
Invested In
Deals
IRR
18%+
EQUITY MULTIPLE
2x+
Cash on Cash
7%+
At Elkstone we leverage asset-management tech and consultant relationships to re-appeal property taxes, increase leasing velocity & occupancy, and keep tenants coming back. We focus on increasing income (NOI) to significantly improve property valuations for our investors
We know what our investors need. Each partner has a different risk / return profile so we custom tailor each deal to each investor. This has allowed us to raise over $15M in equity from our partners to date. We don't set over-realistic expectations and we communicate challenges right away.
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We have a meticulous underwriting process and here are a few ways we mitigate downside risk. You can read more about Elkstone Capital and see our full business plan, investment thesis, and underwriting guidelines we've set for our organization below
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ASSET CLASSES
We are 7M affordable units short in the USA. The working class desperately needs housing, and extended stay hotels with small studio units and kitchenettes present the perfect play to convert to dedicated workforce housing. We can purchase them at a 12-15% going in cap rate and sell them for a 6.5-7.5% cap rate creating millions of dollars of value via cap rate arbitrage. One we recently purchased for $4.75M and its after completion value appraised at $9M.
Apartments excel due to their consistent rental income, stable demand, and potential for long-term appreciation. They are recession resilient as everyone always needs a place to live. With economies of scale, diverse tenant bases, and favorable financing options, apartments offer a compact yet robust investment opportunity.
Self-storage emerges as a compelling investment with its steady income stream and minimal management requirements. Demand for space remains resilient, driven by life events such as relocation or downsizing. These properties often have lower operating costs making self-storage an efficient and lucrative asset class for investors seeking simplicity and consistent returns.
Single Family for Rent has emerged as the new darling of institutional real estate investing. It offers a cheaper alternative to owning a home, especially with how expensive mortgages are due to historically high home values and interest rates. Families get the perks of a home-owner lifestyle on the budget of an apartment rental. We just started a Midwest SFR fund targeting 25% cash on cash returns. This is ideal for investors who want cash flow and can stomach slightly higher risk.