Windscape Apartment Homes - DIVESTED

Windscape Apartment Homes, located at 3099 Parham Drive, Grand Prairie, Texas, was purchased for  US$8,378,785 in July 2012 and was subsequently sold in December  2014 for US$10,500,000. This contributed to an overall equity gain of over 55%, from the time of acquisition until the disposition, for our unitholders.

  • Purchase Price:  US$8,378,785
     
  • Purchase Date:  July 2013
     
  • Sale price:  US$10,500,000
     
  • Sale Date:  December 2014
     
  • Year Built:  1985
     
  • Annualized return on equity:  over 24%