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Apache Lofts Apartments

Multifamily INVESTMENT

Apache Lofts Apartments

Investment lead:  Dusty Eddy | deddy@29SC.com

MARKET

Phoenix, AZ

UNITS

62

YEAR BUILT

1968

DATE ACQUIRED

2021
Disposition Year: 2023
SOLD IRR: 81.3% Multiple: 2.7x

INVESTMENT OVERVIEW

29SC sold Apache Lofts Apartments, its 15th Phoenix area acquisition. 29SC's strategy was to slightly enhance interiors, upgrade amenities, and improve the exterior of the property.

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