Monument Opportunity Fund IV
Monument Capital Management launched Monument Opportunity Fund IV (MOFIV) in May 2019. Having achieved and surpassed the target capital, the fund acquired 9 properties, totaling $225 million and 2,100 units, over a 26-month horizon. The Fund entered new markets in Tennessee and Missouri.
Fund Properties
Townhomes at Highcrest – 176 Units
Location: Woodridge, IL
Sterling Hills – 216 Units
Location: Johnson City, TN
Brynn Marr Village – 196 Units
Location: Jacksonville, NC
Triple Crown at Tates Creek – 228 Units
Location: Lexington, KY
Barlett Lakes – 192 Units
Location: Bartlett, IL
New Irving Heights – 233 Units
Location: Greensboro, NC
White Pines – 123 Units
Location: Shakopee, MN
Haven on the Lake – 528 Units
Location: Maryland Heights, MO
Eagle Pointe – 216 Units
Location: West Saint Paul, MN