Our property improvements come in the form of us renovating and building beautiful spaces that will withstand the test of time. Each renovation or construction project is done with long-term thinking in mind as we believe in pride of ownership and plan on owning our properties indefinitely. We also leverage technology such as smart thermostats, smart power strips, and more to ensure the best possible end product.
Over the first few years, we continued to grow through the acquisitions of multifamily properties. Last year, we began to expand through the addition of self-storage, multifamily, land, retail, and office properties as we saw a need for the transformation of other rental experiences outside of apartments. We received numerous awards and recognition from Inc. Magazine, St. Louis Business Journal and Multi-Housing News for our fast growth and some of our transformation projects.
Now, more than five years after our humble beginnings of a single mobile home property valued at roughly $13,000.00, Gateway Multifamily owns over 617 rental units totaling approximately 421,753 square feet on 38 acres at nine different properties - valued at over $40 million. Although multifamily is still our focus, in recent years we expanded to retail, office, and self-storage properties to continue transforming the renting experience for a broader range of clientele and creating better rental spaces for tenants of all types to live, work, play, and store their belongings in.