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Barringer Square

Multifamily INVESTMENT

Barringer Square

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

MARKET

Houston, TX

UNITS

284

YEAR BUILT

1982

DATE ACQUIRED

2016
SOLD IRR: 36.2% Multiple: 2.3x

INVESTMENT OVERVIEW

29SC sold Barringer Square, its sixth acquisition in the Houston market. 29SC's strategy was to fully renovate all 284 units and to add new amenities and cure deferred maintenance.

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