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Twin Trees Apartments

Multifamily INVESTMENT

Twin Trees Apartments

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

MARKET

Salt Lake City, UT

UNITS

43

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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