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.