Case Study
Foothills Solar Community
Butte Valley, CA
The Foothills Solar Community acquisition underscores Three Pillar Communities’ ability to envision potential where others see limitations. We recognize the value in underserved communities, particularly those where traditional infrastructure presents challenges.
These communities often hold the potential for significant transformation, aligning perfectly with our mission of sustainable, resident-centric development.
By transforming this community with solar energy, modern homes, and improved amenities, we’ve created a highly desirable living environment while demonstrating our capacity to successfully execute innovative real estate strategies that prioritize environmental responsibility and resident well-being.
Unit Count
138
Acquisition Type
Value-add
Market Profile
Rural (Tertiary), Private Utilities
Purchase Price
$6,000,000
Sale Price
$11,450,000
Equity Multiple
2.1X
Resident Wins
Green Energy
New Manufactured Homes
New Playground
Road Improvements
Investor Wins