Wetton Investments Properties, Inc. owns, and self manages all properties through our property management division, Doug Wetton Properties, Inc.
Doug Wetton Properties, Inc. specializes in both multifamily and student housing property management from California to Arizona. Collectively, we manage over 2000 units, which is made possible utilizing an expert team of professionals and leveraging the latest innovative technologies. We have converted our entire portfolio online successfully and can manage remotely with great success. From our 24-hour call center to 100% of payments collected online, we always aim to maximize value through efficiency and customer service.
VALUE ADD RENOVATION
WIP has successfully renovated 30 apartment communities over the past 10 years. As we have grown, so have our value-added renovations. What initially began with light unit upgrades and exterior facelifts, has now turned into full building design, market repositioning, and unit modernization.
We utilize state of the art rendering software for all renovations to help drive our vision and begin the marketing. We create 3D online walkthrough tours of the units which aid us in accelerating the lease-up process and maximize our investors' returns.
REAL ESTATE SYNDICATION
Our investment approach targets full properties with supply-constrained, high barriers to entry, and built-up demand selecting deals from the $2M-$50M range.
We negotiate time-sensitive escrows for all new acquisitions while providing comprehensive due diligence to thoroughly understand the project requirements with financial commitments prior to close to minimize risk.
After completing the value add renovations and lease-up, we look to re-capitalize the properties with the goal of returning a significant portion of the investor's equity within 18-24 months.
WIP is a full-service acquisition, re-development, and management company focused on multifamily and student properties. Founded in 1999, WIP has focused on purchasing existing multifamily products, which we re-position to maximize the potential of the properties while concentrating on tenant satisfaction. We can locate opportunities often overlooked by other market participants, which allows us to create lasting value for our residents and investors. Using private financing, WIP has placed over $250M in recent acquisitions in over 2,000-bed spaces.
Our company roots are based on a collective entrepreneurial background, where we utilize in-house management to deliver unique resident experiences in our markets. Our in-house construction management team has allowed us to renovate projects effectively and excels at providing design-forward interiors and exterior full renovation packages.
We at Wetton Investment Properties, Inc. are committed to giving every resident a superior experience, exceeding their expectations by being friendly, focused, and positive. Our commitment to great teamwork allows us to ensure excellence in everything we do.
Major Renovation Projects Completed
Properties Under Management