Cumberland Crossing Apartments

Multifamily INVESTMENT

Cumberland Crossing Apartments

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

MARKET

Atlanta, GA

UNITS

286

YEAR BUILT

1973

DATE ACQUIRED

2019

Disposition Year: 2017

SOLD IRR: 32.6% Multiple: 2.5x

INVESTMENT OVERVIEW

29SC sold Cumberland Crossing, its ninth acquisition in the Atlanta market. 29SC's Strategy was to complete unit upgrades, improve amenities and curb appeal, and cure deferred maintenance.

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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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