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The Reserve

Multifamily INVESTMENT

The Reserve

Investment lead:  Javier Bustillo | jbustillo@29SC.com

MARKET

Atlanta, GA

UNITS

252

YEAR BUILT

1988

DATE ACQUIRED

2013
Disposition Year: 2016
SOLD IRR: 17.7% Multiple: 1.7x

INVESTMENT OVERVIEW

29SC sold The Reserve, it was the fifth acquisition in the Atlanta market. 29SC's Strategy was to upgrade unit interiors and amenities, renovate the clubhouse, paint the exterior, and add new vinyl siding.

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