Wallis & Stacy Townhomes

About the Property

Wallis & Stacy Townhomes represent Rose Water Capital’s acquisition of 46 townhome-style units across two contiguous communities in West Palm Beach, Florida. This investment exemplifies our value-add strategy — targeting well-located, under-managed assets with strong fundamentals and meaningful operational upside.

Our business plan focuses on enhancing resident experience through selective interior renovations, exterior improvements, and proactive management. By elevating curb appeal, tightening expense controls, and modernizing finishes, we aim to reposition the property as a desirable and attainable housing option in one of South Florida’s most dynamic rental markets.

Exterior Highlights

The exterior renovation program at Wallis & Stacy Townhomes is designed to elevate curb appeal and create a more cohesive, inviting sense of community. Planned upgrades include signage updates, refreshed landscaping, and improved lighting to enhance both aesthetics and safety. Roof repairs, fencing enhancements, and parking lot resurfacing are also being evaluated to extend the property’s lifespan and improve overall presentation.

By modernizing the exterior environment, Rose Water Capital aims to create a stronger first impression for residents and prospective tenants while driving long-term value through reduced maintenance costs and higher retention rates. These enhancements work in tandem with interior improvements to ensure a consistent and high-quality living experience across the entire property.

Interior Finishes

The interior renovation scope focuses on modernizing units with durable, stylish finishes that meet the expectations of today’s renters. Updates include new flooring, contemporary kitchen cabinetry, upgraded countertops, stainless steel appliances, and refreshed bathrooms with modern fixtures. Paint schemes, lighting packages, and hardware are being thoughtfully selected to bring a cohesive, elevated feel to each residence.

In addition to visual upgrades, the renovation plan targets improved functionality and comfort — such as enhanced HVAC systems, efficient plumbing fixtures, and in-unit laundry where feasible. Together, these improvements are designed to attract quality residents, reduce turnover, and position Wallis & Stacy Townhomes as a standout rental community within the competitive West Palm Beach market.