River Road Apartments

Multifamily INVESTMENT

River Road Apartments

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

MARKET

Chicago, IL

UNITS

YEAR BUILT

1959

DATE ACQUIRED

2016

Disposition Year: 2019

SOLD IRR: 29.8% Multiple: 1.8x

INVESTMENT OVERVIEW

29SC sold River Road Apartments, it was the fourth acquisition in the Chicago market. 29SC's strategy was to convert large 1-bedroom units into 2-bedroom units, upgrade interiors, and give the exterior a facelift.

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Disclaimer: Nothing in this website is a solicitation or offer to buy any security or service offering of any 29th Street Capital affiliated entity and nothing in this website should be deemed or interpreted to the contrary. In addition, nothing in this website is, or should be deemed or interpreted to constitute, a recommendation to purchase any security or to otherwise participate in any offering of securities. Furthermore, nothing in this website constitutes, or should be deemed or interpreted to constitute, investment advice or any recommended investment strategy. No 29th Street Capital affiliated entity provides investment advice, and its investors are solely responsible for determining whether any particular investment is appropriate under their financial objectives and circumstances.

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