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Park Tower Apartments

Multifamily INVESTMENT

Park Tower Apartments

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

MARKET

Phoenix, AZ

UNITS

180

YEAR BUILT

1986

DATE ACQUIRED

2016
Disposition Year: 2018
SOLD IRR: 35.7% Multiple: 2.0x

INVESTMENT OVERVIEW

29SC sold Park Tower Apartments, it was the eighth acquisition in the Phoenix market. 29SC's Strategy was to renovate interiors, re-paint the exterior, and add a dog park.

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