Total number of properties as of October 2024.
Total number of units in the portfolio as of October 2024.
Estimated value of Gelt's portfolio as of
October 2024.
Gelt Ventures
Gelt Storage
Sold
California
Properties: 18
Units: 2314
New Mexico
Properties: 1
Units: 0
Washington
Properties: 3
Units: 136
Colorado
Properties: 10
Units: 3707
Texas
Properties: 2
Units: 0
Nevada
Properties: 3
Units: 113
Oregon
Properties: 1
Units: 164
Tennessee
Properties: 1
Units: 493
Utah
Properties: 4
Units: 1058
Arizona
Properties: 7
Units: 0
Oregon
Properties: 1
Units: 228
Alabama
Properties: 2
Units: 201
Pennsylvania
Properties: 3
Units: 439
While a small fraction of GVP’s portfolio comprises of new class ‘A’ construction, we recognize the need for class ‘B’ workforce housing - the majority of our portfolio caters to this segment of the market. By carefully acquiring and enhancing class ‘B’ properties, Gelt provides a better quality of life for the American workforce while achieving stable cash-on-cash returns, long-term equity preservation, and enhancement for our investors.
Gelt’s fast-growing Storage portfolio currently comprises 700,000 net rentable square feet across the country. Our storage investments offer attractive risk-adjusted returns to investors and have consistently outperformed since the inception of our storage vertical in 2018. We seek to acquire well-located, high-quality, core +, value add, and opportunistic assets with longer hold periods and significant downside protection.