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7420 Linda Apartments

Multifamily INVESTMENT

7420 Linda Apartments

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

MARKET

Florida, FL

UNITS

48

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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