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University Apartments

Multifamily INVESTMENT

University Apartments

Investment lead:  Dusty Eddy | deddy@29SC.com

MARKET

Phoenix, AZ

UNITS

266

YEAR BUILT

1984

DATE ACQUIRED

2011
Disposition Year: 2015
SOLD IRR: 30.6% Multiple: 2.3x

INVESTMENT OVERVIEW

29SC sold University Apartments, it was the second acquisition in the Phoenix market. 29SC's Strategy was primarily to increase the property's curb appeal as well as upgrade a portion of the units' interiors.

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