Andover seeks stable or value-added investment opportunities, which have the following criteria:
- Acquisitions or development in high growth markets
- Properties which could benefit from more hands-on management and operations
- Properties without a significant web or marketing presence
- Properties with rents significantly below market
- Properties not maximizing their revenue potential
- Properties needing rehabilitation
- Conversions and development opportunities in undersupplied markets
- Lease up opportunities
- Expansion opportunities
- Acquisitions from distressed sellers, banks, or special servicers