We acquire value-add investment properties in emerging secondary and tertiary markets along the U.S. East Coast that aligns with our Investment Criteria.
Salisbury Promenade
Property Details: 44,161 SF Retail property
Purchase Price: $4,725,000
Purchase Date: December 2019
Strategy: Purchased, improved and stabilized the distressed, high-vacancy shopping center located on a heavily traveled corridor in Salisbury MD.
Sold Date: June 2023
Sold Price: $9,838,500
Our Acquisition Process
At Synergy Investment Fund, our acquisition process is meticulous and thorough. We qualify target markets through detailed analyses, considering income, population trends, property market trends, and commercial industry habits.
Our team of real estate experts identifies the highest potential zones in these markets and conservatively underwrites opportunities before presenting them to investors.
By leveraging our extensive network, we source additional opportunities through property owners, real estate professionals, attorneys, lenders, and insolvent note purchasers.
Our Portfolio
Jupiter Ocean Grande #707
Ocean Grande #707
Jupiter, FL 33477
1 unit
Vacation Rental
Simpsonville Exchange
Food Lion anchored
695-699 Fairview Rd
Simpsonville, SC 29580
5 units
54,934 SF
Spring 2024
Tred Avon Square
ACME anchored
210 Marlboro Ave
Easton, MD 21601
20 units
147,668 SF
December 2023
Windsor Drive
2112 Windsor Drive
Salisbury, MD
Date Acq.: 03/17/2022
Unit(s): 1
SF: 2,173
Walgreens – Exmore
4053 Lankford Highway
Exmore, VA
Date Acq.: 08/26/2020
Unit(s): 1
SF: 11,119
Tower Drive
1024 S. Tower Drive
Salisbury, MD
Date Acq.: 26/08/2020
Unit(s): 1
SF: 4,698
Synergy208 Co-Work Space
208 East Main Street
Salisbury, MD
Date Acq.: 05/07/2017
Unit(s): 14
SF: 2,500
South Salisbury Plaza
800 South Salisbury Blvd
Salisbury, MD
Date Acq.: 06/06/2016
Unit(s): 21
SF: 86,177
South Moon Under Shopping Center
8001-8019 Ocean Highway,
Ocean City, MD
Date Acq.: 09/08/2022
Unit(s): 5
SF: 17,100
South Beach #401
6-7th Street, South Beach
Unit 401
Ocean City, MD
Vacasa 63594
Date Acq.: 05/28/2021
Unit(s): 1
SF: 2,524
Snow Hill Road
805 Snow Hill Road
Salisbury, MD
Date Acq.: 05/27/2020
Unit(s): 1
SF: 14,094
Salisbury Promenade
2018 N. Salisbury Blvd
Salisbury, MD
Date Acq.: 12/02/2021
Unit(s): 8
SF: 44,161
Purchase Price: $4,725,500
Sold Price: $9,838,500
IRR: 27.1%
Pipsis Point
471 Pipsis Point Road
Corolla, NC
Date Acq.: 12/02/2021
Unit(s): 1
SF: 6,200
Vacation Rental
Banfield
2320 N. Salisbury Blvd.
Salisbury, MD
Date Acq.: 05/29/2020
Unit(s): 2
SF: 8,980
Moss Hill Lane
205 Moss Hill Lane
Salisbury, MD 21801
Date Acq.: 01/09/2022
Unit(s): 1 Unit
SF: 18,000
Market Street, Salisbury
112-122 Market Street
Salisbury, MD
Date Acq.: 20/12/2018
Unit(s): 2
SF: 14,420
Hobbs Road
4465 Hobbs Road
Salisbury, MD
Date Acq.: 02/05/2021
Unit(s): 1
SF: 24,480
H.R. White Condo Regime
206 East Main Street,
Salisbury, MD
Date Acq.: 06/06/2016
Unit(s): 3
SF: 16,366
Dulles Town Crossing – Bank of America
45470 Dulles Crossing Plaza
Sterling, VA
Date Acq.: 30/11/2021
Unit(s): 1
SF: 6,500
Dickerson Lane
8307 Dickerson Lane
Salisbury, MD
Date Acq.: 12/19/2016
Unit(s): 1
SF: 2,500
Boscov’s – Salisbury, MD
2310 N. Salisbury Blvd
Salisbury, MD
Date Acq.: 02/11/2021
Unit(s): 1
SF: 150,000
Big Lots – Williamsburg, WA
6610 Mooretown Road
Williamsburg, VA
Date Acq.: 02/11/2021
Unit(s): 1
SF: 54,840
Berlin Shopping Center
10445 Old Ocean City Blvd
Berlin, MD
Date Acq.: 06/06/2016
Unit(s): 12
SF: 19,611
840 South Salisbury Blvd
Date Acq.: 06/06/2016
Unit(s): 1
SF: 2,000
206 E Main Street
Date Acq.: 07/06/2016
Unit(s): 5
SF: 11,432
123 Columbia Road
Date Acq.: 03/05/2021
Unit(s): 1
SF: 4,960
1001 South Salisbury Blvd
Date Acq.: 06/06/2016
Unit(s): 1
SF: 2,400
Desired Property Asset Class
We acquire value-add investment properties in emerging secondary and tertiary
markets along the U.S. East Coast that aligns with our Investment Criteria.
Asset Management
We provides investors with access to a diverse range of investment opportunities, focusing on properties with untapped potential for appreciation and cash flow.
Through a value-add investment strategy, the Fund aims to enhance the market appeal and income generation of the acquired assets, leading to substantial capital gains over time.
Growth Plan
We have developed a conservative strategy to expand deal volume and assets under management.
We will reinvest realized gains, enhance project values, qualify and enter new markets, and diversify product types incrementally in the coming years.
While growth is crucial, the number of investors will always be prioritized towards those with personal and professional relationships with the Principals and other trusted funds— enabling us to tackle larger deals together.
