Willow Ridge Apartments - sold
Willow Ridge Apartments - sOLD
Acquisition Manager: Patrick Magliaro
Number of Units: 262
Year Built: 1979
Acquisition Date: June 2015
Disposition Date: October 2020
Willow Ridge Apartments is a 262-unit conventional multi-family community located in Southwest Houston.
Sentinel Capital recognized the opportunity and acquired the asset at a highly competitive basis, allowing NOI growth and market compression to further boost the value of the asset.
Sentinel Capital successfully performed on the life-cycle of the business plan and achieved returns to the partnership beyond initial underwriting.