Andover Property Partners (APP) operates in a uniquely situated market niche which allows us to deliver premium returns to our Limited Partners (LPs). Our average annual cash-on-cash returns paid to our LPs is 14.5%.

2014

“APP acquires, renovates, and repositions an apartment building in Kingston, NY. Completing a cash out refinancing returned 100% of our investment in the first year.”

2015

“APP acquires an apartment building in Schodack, NY. Renovations allowed us to increase rents and deliver to our LPs 94% of their investment in 5 years, an average return of 18.8% per year.”

2016

“Before acquiring an apartment complex in Wynantskill, NY, APP identified unused storage space as a meaningful source of ancillary income, allowing us to increase revenue by 30% in year one.”

2018

“APP’s reputation and ability to close allows us to acquire an apartment complex in Kingston, NY for 85% of the highest competing bid. Our LPs in this property have received 14.7% cash returns per year.”

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.