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Dolphin Point

Multifamily INVESTMENT

Dolphin Point

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

MARKET

Iowa, IA

UNITS

400

YEAR BUILT

1966

DATE ACQUIRED

2014
Disposition Year: 2016
SOLD IRR: 61.6% Multiple: 2.6x

INVESTMENT OVERVIEW

29SC sold Dolphin Point, it was the first acquisition in the Iowa City market. 29SC's Strategy was to hire new management, cure deferred maintenance, and renovate some of the down units.

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