Buy box
Multifamily by Andover Real Estate Partners
- Distressed
- Value-add
- Stabilized
Updated November 4, 2026
Andover Real Estate Partners
View firm page →1 buy box · andoverpartners.com
Asset type
MultifamilyCoverage
6 marketsCriteria
- Our core/light value add investment strategy is focused on achieving attractive cash-on-cash returns by acquiring stabilized, light-risk profile assets that are held for the long term.
- This investment philosophy focuses on buying out-of-favor, un-stabilized, and distressed assets at a basis that is well below replacement cost.
- Size: Typical investments are between $15,000,000 and $40,000,000.
- Andover targets undervalued real estate investments located in the Southeast and Midwest that benefit from a value-add strategy.
- These investments have operational inefficiencies but have strong sub-market underpinnings of population, employment, and income growth with high barriers to entry.