Investment Strategy
Over 30 years of operational and management experience gives us a competitive advantage. We communicate with you, the investor, consistently in a transparent and effective manner to make it easy for you to sleep easy at night and build wealth.
Ground-Up New Development on Multifamily Properties
At Limitless Estates, we are not only focused on value-add acquisitions but also on ground-up multifamily developments in high-growth markets. Our experience in new development allows us to leverage emerging opportunities in markets where demand for high-quality housing is outpacing supply, particularly in the Phoenix and Albuquerque metro areas.
Phoenix MSA: A Hotbed for New Development
Phoenix continues to be one of the fastest-growing metropolitan areas in the United States. With a population that has surged past 5 million and a steady influx of new residents driven by job growth in the tech, healthcare, and manufacturing sectors, the demand for new multifamily developments has never been stronger. Phoenix’s affordability compared to other major tech hubs, such as Los Angeles and San Francisco, makes it a prime destination for businesses and residents alike.
The rapid migration into Phoenix, combined with consistently low vacancy rates (around 3.2% in 2024), has created a unique opportunity for ground-up multifamily development. With limited supply and high demand for housing, rents continue to rise, averaging a projected growth rate of 6.8% annually over the next five years. Limitless Estates capitalizes on this demand by developing state-of-the-art multifamily communities designed to cater to the needs of the growing population. These developments are not only well-located but also align with the lifestyle preferences of young professionals and families moving into the Phoenix area.
Albuquerque: A Rising Star in New Development
While Albuquerque has historically been overlooked by some investors, its strong economic fundamentals and growth potential make it an increasingly attractive market for ground-up development. The city’s affordability, high quality of life, and expanding job market are attracting new residents, particularly those seeking alternatives to higher-cost cities in the Southwest.
Albuquerque’s strategic location along major transportation corridors and its rapidly growing aerospace, defense, and renewable energy sectors have contributed to an increase in demand for multifamily housing. Vacancy rates in the Albuquerque metro area remain low, and rents have been increasing steadily, presenting significant opportunities for developers. Limitless Estates is capitalizing on Albuquerque’s burgeoning growth by focusing on the construction of high-quality, energy-efficient multifamily properties that meet the demands of the city’s diverse and expanding population.