L5 Real Estate Investments
  • Home
  • About
  • Team
  • Acquisition Criteria
  • Portfolio
  • Investor Testimonials
  • News
    • Research and Stats
  • Contact
Picture

L5 Acquires 350 Unit Property in Houston, TX

3/31/2015

0 Comments

 
Picture
Sacramento, CA - L5 Investments, a Northern California-based multifamily investment firm, and its partners are pleased to announce the successful closing of a 350 unit apartment community built in 1982 and located in Houston, TX.  This was a joint venture opportunity with one of our valued partners.

The property is 93.4% occupied, is well positioned and stands to benefit from $800,000 in exterior and interior upgrades. Houston is currently the 4th largest city in the U.S. and Chief Executive Magazine's 2014 "Best & Worst State" rated Texas as the #1 state to do business for a historic tenth year in a row.
 
This will be another strong performing asset for our growing portfolio.



0 Comments



Leave a Reply.

    Author

    L5 Real Estate Investments, LLC is a privately held investment firm focused on stable, income producing multi-family opportunities in emerging U.S. markets.

    Archives

    February 2021
    January 2021
    December 2020
    May 2020
    December 2019
    May 2019
    January 2019
    December 2018
    September 2018
    August 2018
    November 2017
    September 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    August 2015
    June 2015
    May 2015
    March 2015
    December 2014
    November 2014
    October 2014
    March 2014
    October 2013
    July 2013
    June 2013
    April 2013
    October 2012
    June 2012
    January 2012
    December 2011
    October 2011
    September 2011
    June 2011
    May 2011

    Categories

    All

    RSS Feed

Powered by Create your own unique website with customizable templates.
  • Home
  • About
  • Team
  • Acquisition Criteria
  • Portfolio
  • Investor Testimonials
  • News
    • Research and Stats
  • Contact