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Cedar Rapids Rendering

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Cedar Rapids Rendering

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Toolbox Flex Suites

Prosper REI's newest development, Toolbox Flex Suites, is a 35,000 square foot flagship facility located in the hottest area on the Cedar Rapids South I-380 Corridor. Toolbox Cedar Rapids offers a wide array of built-to-suit options, from 1,750 to 10,500 sq. ft., to meet the needs of business and personal customers alike.

Toolbox Flex Suites is Prosper REI's unique entry into the industrial flex asset class. Our vision is to create the leading nationwide brand of premium flex facilities.

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Marigold & Evergreen Apartments

Marigold & Evergreen Apartments is one of our value-add multifamily investments in Central Illinois. Marigold Apartments is a 24-unit community located in Tolono, IL with one and two-bedroom units (250 and 760 sq ft). Evergreen Apartments is an 18-unit community in Tolono, IL with two-bedroom units (760 sq ft.).

Prosper REI has increased the asset value by 30% above our acquisition plus renovation costs by realizing the full potential of the properties and applying our value-add formula since acquiring the asset in 2021.

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Pembroke Apartments

Pembroke Apartments is one of our stabilized multi-family investments located in Tuscola, IL. The community includes five buildings with a total of 30 two or three-bedroom units.

Prosper REI has not only been able to increase rents by 15% through leveraging our operational competencies and proven physical value-add formula, but also improve the tenant class and reduce vacancy.

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Jones Townhomes

Jones Townhomes is the premier townhome rental community in highly sought after Tuscola, IL. The community is a fully stabilized seven unit asset with top of the market amenities.

Prosper REI increased the asset's revenue by 25% since its acquisition in 2022 by applying professional management and marketing systems and capitalizing on the asset's desirable location near Ironhorse Golf Course.