The Flats at Scheel: Turning Potential into Performance

At Quattro Capital, we believe every property tells a story and when you pair the right acquisition with purposeful strategy, the ending can be truly extraordinary.

In 2021, we acquired The Flats at Scheel, a 24-unit community in Tennessee, for $1.125 million. At the time, it was a high-risk target: the property showed signs of trouble and sat at only 68% occupancy. But through vision, hands-on management, and disciplined execution, The Flats at Scheel was transformed.

What began as a struggling asset now stands as a strong performer. We know that upside does not always look pretty at first glance. In fact, some of the best results often come from small, overlooked properties. The Flats at Scheel became a blueprint for how hidden potential can deliver real returns.

Our Approach: Hands-On, Resident-Focused, Value-Driven

From day one, we applied the Quattro strategy:

1. Professional oversight: Stewarding management and aligning systems for efficiency.
2. Strategic, hands-on asset management: Staying close to the details that drive results.
3. Resident experience first: Creating a safe, stable, and attractive place to live.

These aren’t buzzwords, they represent the framework of principles we’ve used repeatedly to transform underperforming assets into thriving communities.

Key Point: Purposeful oversight and alignment of management systems drive property stabilization and long-term value creation.

The Results: Stability, Growth, and Strong Returns

After implementing these strategies, this property became competitive in its market. Even our residents saw how the value of their homes had improved their community, which supported steady rent growth of $300 per unit.

For our investors, this represented a 2.4x equity multiple and a 243% return. To put that in perspective, an initial investment of $293,512 grew to $712,915.

This is the result of Quattro strategy and disciplined execution, finding hidden value and unlocking performance.

Key Point: Strong returns are achieved through active management, data-driven decision-making, and an unwavering focus on residents and investors alike.

That combination of value-driven leadership and data-backed execution makes multifamily real estate such a powerful wealth-building tool,  and why investors trust Quattro to deploy their capital. 

Key Point: When strategy and stewardship align, multifamily real estate can turn overlooked assets into long-term wealth generators.

Looking Ahead

We are proud of the outcome at The Flats at Scheel, but even more excited about what’s next. Opportunities like this do not stand still. With the right property, strong operations, and smart timing, markets evolve — and so does potential.

If you’d like to be part of future stories like The Flats at Scheel, we’d love to connect. Let’s talk about how your participation in the next investment opportunity can turn potential into performance.

Because at Quattro, that’s what we do: find hidden potential, create value, and deliver results.

Key Takeaways

1. The Flats at Scheel achieved a 243% return and 2.43x equity multiple through active management.
2. Quattro’s approach centers on resident-first operations and hands-on asset management.
3. Strategic alignment of management systems drives both stability and growth.
4. This case serves as a model for identifying and transforming overlooked properties.
5. Multifamily real estate, when managed purposefully, can be a powerful wealth-building vehicle.