Sold Property

Bay Island Apartments

6109 BAY ISLAND DR, GARLAND, TX 75043

 
 

About Bay Island Apartments

On March 3rd, 2016, after almost a 2.5 year hold period, SPI Advisory, LLC disposed of their former property, Bay Island Apartments, a C class. 120-unit apartment complex located in Garland, TX and built in 1973.

Project-level Returns:

Date Acquired:

11/26/2013

Date Sold:

3/8/2016

Year Built

1973

Units

120

Property Class

C

Hold Period

28 mos.

Equity Multiple

2.35X

IRR

58%

 
 
 
 

Interested in a passive investing opportunity with SPI Advisory like this one?

*Nothing on this website constitutes an offering.
Offerings are only completed through a Private Placement Memorandum (PPM).
Past results are not guarantee of future results.