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Welcome To

Patel Real Estate Holdings

Mitigate Risk ~ Maximize Returns

Patel Real Estate Holdings invests in multifamily apartment communities utilizing an experienced team of asset management partners in order to mitigate investment risk and maximize investor returns.

Upcoming Multifamily Investment Opportunity

PREH Group 2

  • 6 Properties

  • 3 States

  • 1,671 units

Approximate Asset Valuation $300,000,000

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PREH Group 1
August 2019 - Present

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Mainstreet at Conyers
Atlanta, GA

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Waterchase Apartments Largo, FL

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Cherry Grove Apartments

Jackson, TN

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Prior Projects

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Lakeside Apartment Homes
St. Petersburg, FL

Located in Brandon, Florida and conveniently off Interstate 275, Lakeside Apartments offers one and two-bedroom apartment homes on a beautiful site surrounding a large scenic lake.  The property consists of 15 two-story apartment buildings with 228 garden-style multifamily units. It was constructed in 1985 a 21.94-acre site.

The asset was purchased for $23 million in Dec 2014 and sold for $30 million Jan 2017

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Downtown St. Pete Redevelopment
St. Petersburg, FL

This key property operated as a surface parking lot and sold for redevelopment in 2014.  Entitlements were strategically maintained during operations to maximize the land's highest and best use for redevelopment, proving critical in the growth of the downtown St. Petersburg area.  This class A location became home to the now completed Bainbridge 930 Central Flats, a 218 unit luxury mixed-use property. 

 

The property was purchased for $900,000 and sold for $1,650,000.

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Tropicana Field Parking Asset
St Petersburg, FL

Rare vacant lot in downtown St. Petersburg blocks from Tropicana Field, the home of Major League baseball team the Tampa Bay Rays.

Property was used for daily and event parking for Tropicana Field before being sold to a 4 billion dollar company whom specializes in multi-family development.  Purchased for $340,000 and sold for $925,000.

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We are proud to support the global community through our "Helping Hands" Initiative.

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