Aragon Holdings’ (“Aragon”) investment strategy is to acquire income producing multi-family assets, in U.S. cities that are exhibiting stable and improving employment and population growth. Acquisition focus is on “A” and “B” quality assets, in locations that feature strong infill dynamics, established competition and high barriers to entry. For economies of scale, Aragon targets stabilized multi-family properties of over 200 units in size.
With its principals’ successful building and development backgrounds ("INC 500" top 20 Fastest Growing Companies / "Entrepreneur of the Year" Construction Management), Aragon looks for “value-add” opportunities. “Value-add” opportunities must be stabilized assets within Aragon’s target markets, and provide uninterrupted cash flow to investors while property improvements take place. To evaluate these opportunities, Aragon studies completed improvements within the subject property, and/or similar properties in the area, to determine which improvements have shown the best rental increases and customer satisfaction.
Over the years, Aragon has received several awards for Property Improvement and Operations. In 2014, Aragon received one of its most prestigious awards from the Utah Apartment Association, recognizing Aragon’s Overlook Point Apartments in Salt Lake City, as Utah’s “Best Overall Apartment Renovation”.