Wappler Capital · Multifamily real estate
Wappler Capital acquires and operates value-add apartment communities in secondary markets where new supply is limited and in-house management holds the line on performance.
See If You Qualify$300M+
Completed exits
$5B+
Real estate transactions
12
Properties
900+
Residential units
Track-record figures reflect combined partner experience across current and prior firms.
Multifamily portfolio
Albany, Georgia
Under LOI · Current offering
A 252-unit value-add multifamily community at 509 N Westover Boulevard, Albany, Georgia. The business plan focuses on restored amenities and in-unit laundry, supported by assumable fixed-rate agency debt.
Investor qualification
A considered next step toward your next multifamily investment.
Non-binding. Figures are targets from the offering materials, not guarantees of return.
You qualify if you earn $200K+ individually, $300K+ jointly, or hold $1M+ in net worth excluding your primary residence.
509 North · Acquisition basis
At a proposed $17.0M, or $67,460 per unit, 509 North is priced approximately 29% below its reported $24.0M appraisal and 23% below the reported average of nine Georgia comparable sales.
The price is also approximately 55% below the estimated $150,000-per-unit replacement cost. A lower entry basis can provide room for improvements, but it does not guarantee value, cash flow, or a profitable exit.
Review the investmentProposed purchase
$17.0M · Under LOI
$67,460
Comparable sales average
Nine reported Georgia trades
$88,098
Reported 2025 appraisal
$24.0M ÷ 252 units
$95,238
Estimated replacement cost
Estimated new-build cost per unit
$150,000
Source: supplied 509 North investment deck. Appraisal, comparable sales, and replacement cost are reported benchmarks, not independently verified valuations. Comparables differ by property and transaction date; replacement cost is an estimate. Bars share a $150,000-per-unit scale.
From sourcing to disposition
Wappler’s oversight connects the acquisition decision to execution at the property level, with a clear responsibility at each stage.
Step 01
Screen multifamily opportunities for acquisition basis, local supply, and a practical operational improvement plan.
Step 02
Evaluate income, expenses, comparable sales, financing, and downside scenarios before committing capital.
Step 03
Oversee due diligence, loan assumption, closing, and the transition to property management.
Step 04
Oversee amenity restoration and in-unit laundry, with a pilot to validate the premium before expanding the rollout.
Step 05
Monitor leasing, collections, maintenance, budgets, and management performance against the business plan.
Step 06
Evaluate sale conditions against the underwritten hold, oversee disposition, and account for proceeds under the offering documents.
The proposed four-year hold is a target. Execution and exit timing depend on property performance, financing, and market conditions.
Accountability at every stage
Wappler Capital
President & Co-Founder
Weston oversees investment strategy, acquisitions, capital relationships, and portfolio operations. His work focuses on value-add and mispriced multifamily assets in Texas and the Southeast.
His experience includes leadership of a 900+ unit residential platform and prior leadership at Bluebird Self Storage, bringing an operator’s perspective to acquisition decisions and ongoing execution.
Wappler Capital
Chief Investment Officer & Partner
Joseph oversees investment strategy, acquisitions, underwriting, and capital markets execution, connecting the investment case with transaction structuring and financing.
Joseph’s experience includes $5B+ in North American real estate transactions across acquisitions, dispositions, and capital markets, including $300M+ in completed exits. His prior firms include Savoy Property Group, Mulberry Capital Advisory, and Argent Ventures.
Source: sponsor biographies in the supplied 509 North deck. Joseph’s transaction and exit history is attributed to him personally across current and prior firms; it is not solely Wappler Capital’s track record. Past experience is not indicative of future results.
Your next investment · 509 North
Explore whether this multifamily opportunity aligns with your investment goals.
