AH Capital purchased University Oaks, a distressed student housing property near the University of Georgia, for $9 million after it failed to close with another buyer. The property was in disrepair and had declining occupancy. AH Capital invested $4 million in renovations such as unit, roof and HVAC upgrades as well as new amenities. This repositioned the property and increased occupancy from the 40s% to mid 80s%. Stabilized projections estimate the property value will increase to $20 million with $1.2 million in annual net operating income, generating a strong return for AH Capital.