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Phoenix Apartments

Multifamily INVESTMENT

Phoenix Apartments

Investment lead:  |

MARKET

Denver, CO

UNITS

36

YEAR BUILT

1962

DATE ACQUIRED

2018
Disposition Year: 2021
SOLD IRR: 31.5% Multiple: 2.5x

INVESTMENT OVERVIEW

29SC sold Phoenix Apartments, it was the seventh acquisition in the Denver market. 29SC's strategy was to enhance unit interiors, improve the amenities, and upgrade the landscaping.