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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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