Sold Property

Hamptons at Central*

805 CENTRAL DR BEDFORD, TX 76022

 
 

About Hamptons at Central

On August 28th, 2015, after just under a 1-year hold, SPI Advisory disposed of the Hamptons at Central, a class C, 136-unit apartment complex located in Bedford, TX and built in 1969.

Project-level Returns:

Date Acquired:

1/13/2015

Date Sold:

8/28/2015

Year Built

1969

Units

136

Property Class

C

Hold Period

8 mos.

Equity Multiple

2.65X

IRR

462%

*Hamptons at Central was purchased with a 100% leverage bridge loan from our investor. I included the compensation they received for giving the $6MM loan as the cash invested since the actual number is $0.

 
 
 
 

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*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.