Multifamily investments typically provide cashflow during the investment period, and a cash-out when sold or refinanced. The cashflow producing nature of multifamily makes this asset class particularly attractive to passive investors. Returns commonly exceed other investment vehicles.
The Charis Group
Integrity. Restoration. Servanthood. Success.
Why Value-Add Multifamily Investing?
Multifamily investments provide unique benefits and remain stable during volatile market conditions.
Produce Cashflow
Create Value
Unlike other investment strategies, multifamily assets provide the opportunity to identify, reposition undervalued properties, and maximize ROI. We increase NOI and Cash Value of the property by completing our value-add strategies within 1.5 to 2 years.
Change Lives
For over 20 years, we have tailored our social services to bring restoration to each community. At each property the Charis Group partners with local churches and non-profits to offer life-changing social services. We enjoy meeting our residents needs and encouraging a sense of community.
What Makes Us Different?
Experience
We have managed over 10,000 multifamily units. We have trained and mentored over 400 employees. We have executed renovations valued at $1 million – $2.5 million per asset. We manage our properties “in-house” to reduce cost and ensure quality. We have partnered with local non-profits to offer life enhancing social services to thousands of residents.
Strategy
Our strategy is clear – the right opportunity, the right price, with self-management. We focus on class C, value-add assets. We adhere to conservative underwriting and due diligence. Once we acquire a new property, we immediately implement our tried and true strategies to enhance the community and improve the bottom line. The result is happy investors and residents.
Vision
Our vision is to invest in assets and people for the good of all. We live by our companies core values of faith, generosity, character, integrity, and hard work. We envision strategic acquisitions in DFW TX submarkets and other US markets to acquire 5,000 units by 2025. We aim to impact thousands of residents lives with life changing social services.
What's our track record?
We have acquired, managed, repositioned, or sold over 10,000 units and counting
Over 10,000 units acquired, managed, repositioned, and sold
Over 400 staff members hired, mentored, and trained
Days to realize our vision of 5,000 additional units owned by 2025
Here's what others are saying about us
“Kathy Garrett is a great asset for investors as well as our community. Very few multifamily owners and operators understand the important fact that the long term performance of an asset involves making sure the whole community is stronger. This is done through not only investing in an asset with good stewardship, but investing in the tenants themselves as well. Being successful in something that not only produces monetary significance, but eternal significance is critical to the Charis Group’s success.”
Rick Mabus | Bridgeview Real Estate
“Kathy and team are our trusted advisors for Multifamily Investing. They bring decades of successful experience, but most importantly, a heart of service which is hard to find. When we invest with them, we know we will receive the projected return, but we also know we are making an impact on the residents through the social services they offer. With a faith-based strategy for the communities they manage, they truly make a remarkable impact that lasts for years to come.”
Freddie Coleman | CEO, Managing Principle at US Energy Experts LLC
“I have known Kathy for over 20 years and worked for her at Brookfeagin Real Estate, Inc., as a Regional Supervisor, for 5 years. Kathy is a proven CEO/President who is disciplined, focused, is always planning ahead while leading, and is constantly motivating her co-workers to a place of excellence…In addition to all of this, Kathy created a successful landscaping company and even funded a private school for grades K-12 for all of the Employee’s children!…Kathy is a woman of integrity, superior character, and has a generous heart.”
Monnie Smith | Owner, OMEGA Affordable Housing Compliance Consulting LLC