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Las Casitas

Multifamily INVESTMENT

Las Casitas

Investment lead:  Dusty Eddy | deddy@29SC.com

MARKET

Phoenix, AZ

UNITS

168

YEAR BUILT

1979

DATE ACQUIRED

2019
Disposition Year: 2022
SOLD IRR: 82.8% Multiple: 4.5x

INVESTMENT OVERVIEW

29SC sold Las Casitas, its thirteenth acquisition in the Phoenix market. 29SC's strategy was to focus on deferred maintenance, exterior painting, landscaping, amenity upgrades, adding washer/dryers, and unit interiors.

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