Sierra Madre

Multifamily INVESTMENT

Sierra Madre

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

MARKET

Phoenix, AZ

UNITS

206

YEAR BUILT

1978

DATE ACQUIRED

2014

Disposition Year: 2017

SOLD IRR: 27.8% Multiple: 1.9x

INVESTMENT OVERVIEW

29SC sold Sierra Madre, it was the third acquisition in the Phoenix market. 29SC's Strategy was to upgrade the kitchens and bathrooms, as well as improve landscaping, the clubhouse, the fitness center, and the property's exterior.

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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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