Our track record

Trusted by investors

Good Samaritan Capital has consistently brought high quality real estate investment opportunities to our investors. We invest in class A and B properties that can be improved to bring returns to investors. We look for properties with a minimum of a 15% average annual return and great tax benefits.

Multifamily Units Acquired: 2,597
Full Cycle Units (Units Sold): 635
Assets Under Management: $168M
Investor Return on Sold Units: 21.3% IRR

Investment Thesis: Value-Add Renovation

Camino Del Sol Apartments 122 Units in Houston, TX

Good Samaritan Capital partnered with Three Pillars Capital in the acquisition of Camino Del Sol. The business plan is to elevate the Class C property to a C+ status by implementing a comprehensive renovation plan aimed at enhancing the property's interiors. This will position the asset slightly above its peers within the submarket. We intend to achieve this repositioning by providing residents with superior quality units at a more competitive price than rival properties.

Projected Investor Returns: The acquisition targets a net 5-year IRR of ~19%, average cash yield of ~9-10% (paid quarterly) and an equity multiple of 2.18x.
Actual Investor Returns after Sale: Camino Del Sol, a 19.53% IRR. That is 19.53% each year over 29 months. That’s the initial capital plus a 47% total return on investment.

Investment Thesis: Value-Add Renovation

Green Tree Place Apartments 196 Units in Houston, TX

Good Samaritan Capital partnered with Three Pillars Capital in the acquisition of Camino Del Sol. The business plan aims to transform the Class B property into a B+ asset by implementing a comprehensive renovation program that focuses on enhancing the property's interiors. This improvement will position the asset slightly above similar properties within the submarket, providing residents with superior quality units at a more appealing price than competitors. We intend to drive rent growth for both renovated and un-renovated units, which has been lacking in previous years.

Projected Investor Returns: Return Profile: The acquisition targets a net 5-year IRR of ~17%, average annual cash yield of ~8 - 10 % (paid quarterly) and an equity multiple of 2.06x.
Actual Investor Returns after Sale: Green Tree Place Apartments, which yielded an IRR of 23.6% annual return, and an Equity Multiple of 1.57X over a hold period of 29 months. That’s the initial capital plus a 57% total return on investment.

Value-Add Renovation

Phoenix Village and Greystone 145 Units in Fort Smith, AR

Good Samaritan Capital partnered with Atlas Multifamily Group in this investor opportunity. Phoenix Village & La Casa Apartments is a 145-unit apartment complex located in Fort Smith, AR. The business plan involves carrying out interior and exterior renovations, rebranding La Casa Apartments with a new name, and adjusting rents to align with current market rates, ensuring a solid return for investors. This deal is a fundamental investment with a breakeven occupancy of 38%. This means that we acquired the property at a price that allows us to cover operating expenses and mortgage payments even if the occupancy rate is only 38%. Given that the property currently boasts a 95%+ occupancy rate, we consider this a low-risk investment, even during uncertain times.

Projected Investor Returns: This investment opportunity offers an average cash on cash return of 9.6%. Over a six-year projection, it is expected to yield a total return of 100%.
Actual Investor Returns after Sale: The Fort Smith Portfolio yielded an IRR of 22.1% over a 3-year period for a total of 77.8% return over the initial investment.