Multifamily Portfolio with 826 units (2 buildings in Austin,TX and 1 in Raleigh,NC)

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Multifamily Portfolio with 826 units (2 buildings in Austin,TX and 1 in Raleigh,NC)

About this property

Units:
826

Acquired Year:

2017

Date Sold:

December 2020

Equity Multiple:

1.50x

IRR:

13.31%

Class A Multifamily Portfolio with 826 units in growth markets of Austin, Texas and Morrisville, NC (Raleigh market) with large average unit size in excess of 1,000 sq feet and built in 2007.