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Casa Palmas

Multifamily INVESTMENT

Casa Palmas

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

MARKET

Houston, TX

UNITS

308

YEAR BUILT

1970

DATE ACQUIRED

2015
Disposition Year: 2020
SOLD IRR: 30.6% Multiple: 3.5x

INVESTMENT OVERVIEW

29SC sold Casa Palmas, it was the fourth acquisition in the Houston market. 29SC's Strategy was to take advantage of the recent improvements by the Seller and focus on some interior and curb appeal upgrades.

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