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Limited Partnership acquisition in Apollo Heights
Strong economic fundamentals in a growing market.
Just outside of DFW MSA (one of the fastest growing markets in Texas)
Stabilized asset purchased at a 30% discount to market
88% of units in classic condition
Cash Flowing on day of purchase
Strong value add opportunities
Rise48 management company
Targeted 2.02x Equity Multiple
Property Details
248-units Multifamily Apartments
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