We Don't Buy
Properties.
We Build Wealth.
Gorilla Wealth Group acquires underperforming multifamily assets and transforms them into high-performing investments through disciplined underwriting and strategic operations.
Free guide: How Passive Multifamily Investing Works
Get the Free Investor Guide17 Units
Closed Deal
10–20%
Target IRR
5–8 Yr
Hold Period
$750K–$8M
Deal Size
17 Units
First Deal Closed
Built on Discipline.
Driven by Data.
Gorilla Wealth Group is a multifamily real estate operating company based in Leesburg, Florida. We specialize in acquiring underperforming apartment communities and transforming them into stabilized, cash-flowing assets.
Every deal starts with rigorous underwriting — detailed 10-year pro formas, rent comps, expense analysis, and sensitivity modeling. We don't chase hype. We chase numbers.
Founded by David Centeno, we operate with a clear thesis: acquire Class B workforce housing, implement targeted value-add improvements, and deliver consistent returns to our investment partners.
Data-Driven
Every decision backed by rigorous analysis
Downside Protected
Conservative underwriting, always
Value-Add Focus
Operational & physical improvements
Aligned Interests
We invest alongside our partners
A Repeatable Process.
Proven Results.
Our value-add strategy is built on operational discipline, not speculation. We buy right, improve strategically, and hold for long-term wealth creation.
Identify
We source off-market and underperforming multifamily properties across the Southeast — 12 to 100+ units, Class B, built after 1970. Direct-to-owner outreach and broker relationships give us first-look access.
Off-Market AccessUnderwrite
Every deal runs through our rigorous 10-year pro forma model. Rent comps, expense benchmarks, DSCR analysis, sensitivity testing. If the numbers don't work conservatively, we walk.
10-Year Pro FormaAcquire & Improve
We close with institutional-grade due diligence, then execute targeted value-add: unit renovations, amenity upgrades, RUBS utility billback, and rent optimization to force appreciation.
Value-Add ExecutionStabilize & Return
Properties are held 5-8 years. We stabilize occupancy, grow NOI, refinance to return capital, and exit at optimal market timing. Target: 10-20% IRR for our partners.
10-20% Target IRRInvestment Criteria
Multifamily
Property Type
12 – 100+
Unit Count
$750K – $8M
Deal Size
Central FL & SE US
Markets
Core Thesis
Class C and B workforce housing. Built after 1970. Value-add operations. Conservative underwriting.
Your Capital.
Our Execution.
Six reasons investors trust Gorilla Wealth Group with their capital.
Institutional-Grade Underwriting
Every deal runs through a detailed 10-year pro forma with rent comps, expense benchmarks, DSCR analysis, and sensitivity testing. We model the downside before we ever model the upside.
Aligned Interests
We invest our own capital alongside yours. JV structure with pro-rata equity splits, 8% preferred return, and transparent fee structures. Your success is our success.
Proven Value-Add Playbook
Unit renovations, RUBS utility billback, amenity upgrades, and rent optimization. Our repeatable process targets 15-25% rent upside and forces appreciation through NOI growth.
Transparent Communication
Regular investor updates, detailed reporting, and direct access to the operating team. No black boxes. You always know exactly where your investment stands.
Conservative Approach
50% expense ratio targets, 1.25+ DSCR minimums, 5-10% vacancy assumptions. We build in margin of safety at every level. If the numbers don't work conservatively, we walk.
Tax-Advantaged Returns
Multifamily real estate offers powerful tax benefits including depreciation, cost segregation, and 1031 exchange opportunities. Some properties are in Opportunity Zones.
Ready to discuss your first investment?
Schedule a call or request deal info — your choice.
Numbers Speak Louder
Than Promises.
Real deals. Real underwriting. A closed deal and more in the pipeline.
Studios 17 @ SPI — First Acquisition
17-unit property in South Padre Island, Texas. Our first closed deal — executing our value-add playbook with rent optimization, operational improvements, and targeted upgrades to force appreciation.
17
Units
Value-Add
Strategy
8%
Pref Return
Seacrest on Southern
44-unit multifamily property on the Gulf Coast of Mississippi. Fully renovated, strong occupancy, and positioned well below appraised value. Currently in our underwriting and evaluation process — not yet under contract.
44
Units
Turnkey
Condition
Gulf Coast, MS
Market
Red Sea Grove
39-unit stabilized multifamily in Tempe, AZ — 2 miles from ASU, 5 minutes to Downtown Tempe. Off-market acquisition with light value-add upside. $1.15M in planned CapEx across unit renovations, carports, and in-unit W/D installations. Built 1972, Class B.
1.77×
Equity Multiple
15.75%
Target IRR
$25K
Minimum
Built for Partners
Who Value Clarity.
We work with capital partners who want disciplined execution, transparent communication, and a repeatable process.
Core Thesis
Class C and B workforce housing. Built after 1980. Value-add operations. Conservative underwriting.
Passive Investors
Accredited & sophisticated investors
- Looking for cash flow + long-term appreciation
- Prefer clear reporting and conservative underwriting
- Want exposure to multifamily without day-to-day management
Joint Venture Partners
Equity partners & capital relationships
- Co-invest alongside the operating team
- Pro-rata equity splits based on capital contribution
- Structured with downside protection and aligned incentives
Deal Sources
Brokers, owners, and referral partners
- We move fast when the numbers work
- Straight communication and clean execution
- Long-term relationship mindset
Typical Structure
Joint Venture / LP-GP structures with preferred return and aligned incentives.
Trust is Earned
Deal by Deal.
We're building a long-term brand based on disciplined underwriting, clean execution, and transparent communication.
David is relentless with the numbers. He underwrites conservatively, communicates clearly, and executes with discipline. Exactly who you want leading a deal.
What stood out was the process: comps, sensitivity analysis, and downside planning before any upside talk. Very professional and transparent.
Fast, direct, and easy to work with. When David says he’ll follow up, he follows up. That matters in this business.
Want references?
We'll share deal materials, underwriting, and our process on a call.
Clear Answers.
No Fluff.
The questions we hear most from investors and capital partners.
Fastest next step
If you'd like current deal info, request it below and we'll follow up within 24 hours.
Primarily Class B workforce multifamily (typically built after 1970) where we can improve operations and/or the physical asset to grow NOI. We target value-add opportunities with clear, underwritable upside.
A preferred return (pref) is a target return that is paid to investors before the sponsor participates in profit splits (promote). Many of our offerings target an 8% preferred return, depending on the deal.
Most business plans are 5–8 years. We focus on stabilizing operations, growing NOI, and exiting when the timing and numbers make sense.
We underwrite conservatively (vacancy, expenses, and debt service coverage), stress test the model, and prioritize deals with multiple levers for NOI growth. If the numbers don't work conservatively, we walk.
We aim for consistent, transparent communication. Investors can expect regular updates and reporting cadence defined per deal (typically monthly/quarterly), plus timely communication around major milestones.
No. This website is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy securities. Any offering is made only through official offering documents to qualified investors.
The Man Behind
The Numbers.
David Centeno
David leads deal sourcing, investor relations, and strategic direction for Gorilla Wealth Group. His data-driven approach to underwriting and disciplined investment thesis ensures every deal meets rigorous return criteria. As lead sponsor and GP, David brings operational expertise and a faith-driven commitment to building long-term wealth for partners.
17 Units
First Closed Deal
$8M+
Pipeline Analyzed
Ready to Build
Real Wealth?
Whether you're an accredited investor looking for passive income or a capital partner seeking joint venture opportunities, we'd like to hear from you.
Minimum Investment
Varies by deal — typically $50K+
Structure
Joint Venture / LP-GP with 8% Preferred Return
Request Deal Info
Fill out the form below and we'll send you our current investment opportunities within 24 hours.
This does not constitute an offer to sell securities. All investments involve risk.
