Holly Court Site & Structure Value Add Summary
After WLW Capital completed the Holly Court purchase in early April 2019, the first and most critical aspect of the value add plan began. WLW Capital performed a large scale site project wherein all existing sidewalks were removed, the surrounding site was cleared and we then
transported in and placed 20 truck loads of clean topsoil in and around the structures. WLW then graded the entire 1.54 acre site, adding 16 underground drains to professionally and properly control the water flow and drainage from our rooftop gutter system. WLW Capital undertook the reconstruction of new sidewalks, porches and paver areas throughout the complex to enhance the aesthetics of the property, and a paver courtyard for the Holly Court tenants and their families to be able to gather together and have social interaction. This feature alone has added significantly to our tenant waiting list.
To further maintain tenant and community privacy, WLW Capital constructed and installed gates on both the east and west boundaries of the property. These gates were accompanied by rod iron fencing and concrete (mason) columns with stucco caps to enhance security and
property aesthetics. The newly added gating and fencing along with podocarpus hedging inside the property truly provides privacy to the complex that did not previously exist. WLW Capital expended $250,000 + to make this property a one of its kind in its class. Our redeveloped properties are completed in a first class manner and the product speaks for itself.
To further ease the ownership and maintenance of the Holly Court Apartments, WLW Capital has also taken the necessary steps and expended the capital required to install a complete 32 video camera system providing continuous property monitoring 24 hours a day from anywhere in the world.
Please see attached Property Information Sheet for more details.
