Sold Property

Wood Meadow Apartments

6897 MEADOW CREST DR., NORTH RICHLAND HILLS, TX 76180

 
 

About Wood Meadow

On February 17th, 2023, after over a 5-year hold, SPI Advisory disposed of Wood Meadow Apartments, a class B, 222-unit apartment complex located in the Fort Worth suburbs of North Richland Hills, TX. Wood Meadow was built in 1983 & renovated by SPI in 2018. Wood Meadow was initially acquired by SPI Advisory & its 1031 partners on November 30th, 2017.

Project-level Returns:

Date Acquired:

11/30/2017

Date Sold:

2/17/2023

Year Built

1983

Units

222

Property Class

B

Hold Period

63 mos.

Equity Multiple

2.50X

IRR

24%

 
 
 
 

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Offerings are only completed through a Private Placement Memorandum (PPM).
Past results are not guarantee of future results.