Our Portfolio

Explore some of our current multi-family investments in the Dallas area and beyond.

Lynn Park Apartments

– Closed August 2023
– $3.2M Purchase price
– Excelsior Springs, MO
– 52 units
– Projected IRR 16%
– Equity Multiple 2x
– Cash on Cash 14%
– Hold Period: 5-7 years

Woodstone Apartments

– Closed April 2023
– $3.3M Purchase price
– Owasso, OK
– 40 units
– Avg. Cash-on-Cash 10.74%
– Projected IRR 15.48%
– Equity Multiple 2.25x
– Hold Period: 5-7 years

Fleet Wood Square

– Closed August 2021
– $7.35M Purchase price
– Waco, TX
– 120 units
– Class C+ Value Add Asset
– Preferred Return 8%
– Projected IRR 19.2%
– Equity Multiple 1.85x
– Cash on Cash 10.02%
– Hold Period: 5 years

Harvey Corners / 32-unit value-add apartment community

– Closed August 2022
– $2.8M Purchase price
– Oklahoma City, OK
– 32 units
– Class C+ Value Add Asset
– Preferred Return 8%
– Projected IRR of 18%
– Equity Multiple 2.24x
– Cash on Cash 12.51%
– Hold Period: 5-7 years

Chestnut Square/Center Place

– Closed August 2021 
– $6.3M Purchase price
– Midwest City, OK
– 130 units
– Class C+ Value Add Asset
– Preferred Return 8%
– Projected IRR 17%
– Equity Multiple 2.10x
– Cash on Cash 13.5%
– Hold Period: 7 years

CURRENT SINGLE-FAMILY PORTFOLIO

01

2923 Newport Dr Rockwall, TX 75032

Description
4 bd 3 ba 3,033 sqft
Rented: $3,600/month
Strategy: Buy-and-Hold
Walking distance to Rockwall Harbor, Pool

02

1892 Pontchartrain Dr, Rockwall, TX 75087 (SOLD)

Description
5 bd 3 ba 2,361 sqft
Rented: $3,400/month
Strategy: Buy-and-Hold
Gated Community, Golf course, lakefront living, cabana, pool, gym

03

1531 Timber Ridge Dr, Rockwall, TX 75032

Description
4 bd 3 ba 3,258 sqft
Rented: $3,500/month
Pool, Security, Green Belt, amenities
Strategy: Buy-and-Hold

04

2917 Newport Dr, Rockwall, TX 75032

Description
4 bd 3 ba 2,500 sqft
Rented: $3,000/month
Walking distance to Rockwall Harbor, external fireplace
Strategy: Buy-and-Hold

05

921 Orchid Blvd, Royse City, TX 75189
Description
4 bd 2 ba 1,994 sqft
Rented: $2,200/month
Walking distance to Rockwall Harbor, external fireplace
Strategy: Buy-and-Hold
Outskirts of Dallas, high demand

WHY ROCKWALL TEXAS?

Learn more about Sapphire Bay, a planned 117-acre, $1 billion mixed-use development

SOLD PROPERTIES

2500 Monroe

Purchased Price: $85K
Value Add:  $10K
Hold Period:  6 months
Sold: $139K
Strategy: Fix & Flip

2508 Washington

Purchased Price: $135K
Value Add: $45K
Rented for: $3,000
Hold Period: 5 years
Sold: $245K
Strategy: BRRRR

2201 Pecan

Purchased Price: $89K
Value Add: $10K
Increased Rents from: $700 to $1250
Hold Period: 5 years
Sold: $175K
Strategy: BRRRR

2618 Washington

Purchased Price: $99K
Value Add: $15K
Increased Rents from:
$1000 to $1500
Hold Period:
5 years
Sold: $180K
Strategy: BRRRR

9451-9455 Gonzales Duplex

Purchased Price: $145K
Value Add: $15K
Increased Rents from: $1400 to $2,300
Hold Period: 3 years
Sold: $290K
Strategy: BRRRR

1605-1607 Stella

Purchased Price: $140K
Value Add: $20K
Increased Rents from: $1400 to $1900
Hold Period: 3 years
Sold: $300K
Strategy: BRRRR

Schedule Time With Us To Talk About Your Real Estate Investment Goals

Rivers Partners
Dallas, Texas, United States
(469)874-0230
hello@riverspartners.com

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