Private Portfolio
VIP Development, LLC is a real estate investment company focusing on newly renovated apartment lease-ups. VIP Development purchases apartment complexes near university campuses in the southeastern United States, and builds, renovates and leases them under the brand Cascades. The company then holds the property in its private portfolio.
Cascades Condominiums
Location: Blacksburg, Virginia
Summary: A 3.6 acre parcel with six, three-story brick buildings comprising of 69 apartments, each ranging between 650 to 900 square feet.
Property Website: www.cascadescondominiums.com
Cascades Pointe Apartments of Blacksburg
Location: Blacksburg, Virginia
Summary: A 6.8-acre parcel with eight three-story buildings composed of 96 apartments, each ranging between 600 and 1000 square feet.
Cascades Pointe Apartments of Athens
(Cascades on the River)
Location: Athens, Georgia
Summary: A 12.63-acre parcel with eleven two-story buildings composed of 84 apartments, each ranging between 600 and 1000 square feet.
Property Website: www.cascadesontheriver.com/
Cascades Pointe Apartments at Clemson
Location: Central, South Carolina
Summary: A 3.71-acre parcel with seven two-story buildings composed of 28 apartments, each ranging between 850 and 900 square feet.
Cascades Pointe Apartments at Augusta
Location: Augusta, Georgia
Summary: A 5.00-acre parcel with nine two-story buildings composed of 61 apartments, each ranging between 856 and 1,052 square feet.
Property Website: www.cpaugusta.com/