7420 Linda Apartments

Multifamily INVESTMENT

7420 Linda Apartments

Investment lead: Javier Bustillo | jbustillo@29SC.com

MARKET

Florida, FL

UNITS

YEAR BUILT

1968

DATE ACQUIRED

2013

Disposition Year: 2015

SOLD IRR: 25.2% Multiple: 1.9x

INVESTMENT OVERVIEW

29SC sold 7420 Linda Apartments, it was the first acquisition in the Jacksonville market. 29SC's Strategy was to cure the deferred maintenance, completely renovate four units, and lightly renovate ten units.

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Disclaimer: Nothing in this website is a solicitation or offer to buy any security or service offering of any 29th Street Capital affiliated entity and nothing in this website should be deemed or interpreted to the contrary. In addition, nothing in this website is, or should be deemed or interpreted to constitute, a recommendation to purchase any security or to otherwise participate in any offering of securities. Furthermore, nothing in this website constitutes, or should be deemed or interpreted to constitute, investment advice or any recommended investment strategy. No 29th Street Capital affiliated entity provides investment advice, and its investors are solely responsible for determining whether any particular investment is appropriate under their financial objectives and circumstances.

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