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%