The Eugie Apartments

TBBG Investments acquired The Eugie Apartments, a dilapidated multifamily property located in Phoenix, Arizona.

The investment represented a value-add opportunity requiring comprehensive repositioning, including interior renovations, exterior improvements, and operational enhancements.

TBBG executed a full-scale renovation and lease-up strategy, modernizing the asset and implementing professional management to improve performance.

The property was subsequently stabilized and sold, generating strong returns and establishing the foundation for TBBG’s investment platform.

Investment Highlights

• Full interior and exterior renovation program

• Operational repositioning and professional management

• Successful lease-up and stabilization

• Sold following execution of business plan

• **Foundational investment for TBBG platform**