The Hawthorne Apartments

Multifamily INVESTMENT

The Hawthorne Apartments

Investment lead: Casey Davis | cdavis@29SC.com

MARKET

Northern California, CA

UNITS

YEAR BUILT

1972

DATE ACQUIRED

2019

Disposition Year: 2022

SOLD IRR: 30.7% Multiple: 2.0x

INVESTMENT OVERVIEW

29SC sold The Hawthorne, its twenty-third acquisition in Northern California. 29SC's strategy focused on unit renovations, window replacements, parking lot repairs, landscape upgrades and signage improvements.

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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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