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Hidden Acres Apartments

Multifamily INVESTMENT

Hidden Acres Apartments

Investment lead:  Dan Howard | dhoward@29SC.com

MARKET

Columbus, OH

UNITS

84

YEAR BUILT

1987

DATE ACQUIRED

2019
SOLD IRR: 39.4% Multiple: 2.7x

INVESTMENT OVERVIEW

29SC purchased Hidden Acres Apartments, its fourth acquisition in the Columbus market. 29SC's strategy is to renovate all interior units, improve the parking lots, and cure deferred maintenance.