The Edge at Independence Heights Acquisiiton

[Joseph Bramante]

Investment Info:

Large multi-family (5+ units) commercial investment investment in Houston, San Antonio, Dallas/Ft. Worth.

Cash invested: $3,600,000

Closed on this 112 unit, 2015 construction beauty in Feb 2019. Purchased from the developer with plans to capitalize on significant operational efficiencies due to owning the property next door. Plan to spend $350k over the next 2 years adding a new office, adding amenities and adding water meters to each unit.