Twin Trees Apartments

Multifamily INVESTMENT

Twin Trees Apartments

Investment lead: Rob Gersch | rgersch@29SC.com

MARKET

Salt Lake City, UT

UNITS

YEAR BUILT

1997

DATE ACQUIRED

2018

Disposition Year: 2021

SOLD IRR: 60.5% Multiple: 4.6x

INVESTMENT OVERVIEW

29SC sold Twin Trees Apartments, its first acquisition in the Salt Lake City market. 29SC's strategy primarily focused on unit interiors, landscaping, AC/water heater replacements, and curb appeal enhancements.

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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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