Single-Asset Investments

Enclave sources private single-asset investment opportunities based on proven data-driven approach. Whether you are interested in ground up multifamily, industrial, commercial developments or well-vetted acquisitions, reach out to our team of real estate experts to learn more about upcoming offerings.

Featured Deals

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Maude Apartments

Multifamily Development
Location: Grand Forks, ND

Maude is a 77-unit multifamily community designed to meet continued housing demand in one of the region’s most supply-constrained rental markets. This project benefits from an approved 5-year PILOT incentive, which reduces the tax burden during the initial lease-up and stabilization years. Full taxes on improvements begin in year seven.

Offering a mix of studio, one-, two-, and three-bedroom units, Maude is complemented by high-quality amenities and garage parking. This project capitalizes on favorable market fundamentals, including limited new supply, sustained population growth, expanding employment drivers, and historically low vacancy.

  
      Total Capitalization
      $16.75M
    
      Estimated LP Multiple*
      2.23X
    
      Estimated LP Net IRR*
      18.9%

*Return metrics are estimates and based on assumptions in the investment summary.

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Krew Apartments

Multifamily Development
Location: Shoreview, MN

Krew is a 293-unit multifamily community with 4,500 SF of retail space located in one of the Twin Cities’ top-performing submarkets. The community features 80% market-rate and 20% affordable units. With an 84.5% loan-to-cost structure, Krew has an efficient use of equity, with the majority of the development to be financed through a well-structured lending partnership.

Positioned along I-694, where nearly 150,000 vehicles pass the site each day, Krew offers exceptional visibility. The property offers 360° lake views and access to over 90 miles of trails, 11 lakes and 15 parks. The community benefits from the suburban setting known for its top-rated schools, outdoor recreation, and strong community identity.

  
      Total Capitalization
      $81.7M
    
      Estimated Hold Period
      4-5 Years
    
      Estimated LP Multiple
      2.04X
    
      Estimated LP Net IRR
      19.6%