Explore LV5 Capital's portfolio of multifamily and commercial real estate investments across the Midwest. The portfolio includes Pine Bridge Apartments in Mansfield, Ohio (180+ units), Delta Villas (101 units), Town & Country in Elida (96 units), 26 Downtown LP in Lima, Kenton Meadows (realized), and the flagship Villas Portfolio — 463+ villa-style residential units across 42 communities in Ohio, Indiana, and Michigan. View property details, investment highlights, location maps, performance metrics, and the firm's track record.
Portfolio at a glance
LV5 Capital currently oversees more than 812 units of housing across Ohio, Indiana, and Michigan, representing over $100 million in assets under management. The portfolio spans seven principal investments — five active multifamily and villa-style residential communities, one short-term rental fund in St. Louis, and one realized mobile home park — plus 42 individual villa-style communities held inside The Villas Portfolio platform. Every active property has been acquired with the partners' personal capital alongside accredited Limited Partner equity.
Active and realized investments
TR3 Villas Del Sol — Austin, TX (294 units) TR3 Villas Del Sol is a 294-unit, 1982-vintage Class B value-add apartment community in Austin, Texas. Sponsored and operated by TR3 Capital; LV5 Capital is co-investing and offering accredited investors passive limited-partner access.
Country Club View Apartments — Lawton, OK (229 units) Country Club View Apartments is a 229-unit, 96%-occupied multifamily community at 4635 W Gore Blvd in Lawton, Oklahoma, adjacent to the Lawton Country Club golf course and anchored by Fort Sill. A sponsor-led, already-closed acquisition; LV5 Capital is co-investing and raising the final $1.5M of the investor allocation.
Trulo Homes Cottonwood Creek — Waco, TX (206 units) Trulo Homes Cottonwood Creek is a 206-unit ground-up build-to-rent community at I-35 & Bagby Avenue in south Waco, Texas — single-family-style duplex rentals with private yards and garages, developed by Red River Development. LV5 Capital is co-investing through an LV5-managed SPV; the final $1M of its allocation remains.
Pine Bridge Apartments — Mansfield, OH (180 units) Pine Bridge Apartments is a 180+ unit value-add multifamily community in Mansfield, Ohio. Acquired by LV5 Capital — featuring in-unit laundry, pet-friendly living, and a comprehensive renovation program.
Delta Villas — Delta, OH (101 units) Delta Villas is a 101-unit villa-style apartment community in Delta, Ohio. Spacious 2BR ranch homes with attached garages, washer/dryer hookups, and pet-friendly living starting at $1,100/month. Managed by LV5 Capital.
Town & Country Apartments — Elida, OH (96 units) Town & Country is a 96-unit multifamily community in Elida, Ohio. Rents increased over 30% through value-add renovations and professional management by LV5 Capital.
Kenton Meadows — Kenton, OH (53 units) Kenton Meadows was a 53-unit mobile home park in Kenton, Ohio. Rents increased over 35% during ownership. Successfully repositioned and realized by LV5 Capital.
26 Downtown LP — Lima, OH (26 units) 26 Downtown LP is a 26-unit apartment syndication in downtown Lima, Ohio. Monthly income grew from $18K to ~$29K, rents increased 35%, and ARR grew by $100K+ over a 4.5-year hold. Managed by LV5 Capital.
Level 5 STR Fund I — St. Louis, MO (6 units) Level 5 STR Fund I is a 6-property short-term rental fund in St. Louis, MO. Premium Airbnb properties at various renovation stages, operated in partnership with Empress Capital Group.
The Villas Portfolio — Lima, OH (463 units) The Villas Portfolio is LV5 Capital's flagship villa-style residential platform — 460+ units across 42 communities in Ohio, Indiana, and Michigan. Ranch-style homes with attached garages in supply-constrained Midwest markets.
Investment strategy
LV5 Capital focuses on value-add multifamily and villa-style residential properties in supply-constrained Midwest markets where institutional capital is generally absent. Typical hold periods run five to seven years, with returns generated through rental income, forced and organic appreciation, principal paydown, and accelerated depreciation passed through on the K-1. Read more about multifamily investing, real estate syndication, and cost segregation, or model returns with the investment calculator.