DMI Slide Deck,
DMI Slide Deck

Villa Sierra Apartment Homes

October 28, 2010

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Class C Multifamily Acquisition

Villa Sierra was a lender-foreclosed property consisting of 336-unit Class-C apartment complex in northeast Houston, TX. This 336-unit gated community has a desirable unit mix of 1 bedroom and 2 bedroom apartments.

Villa Sierra was located in a healthy rental market, representing a “low hanging fruit” value-added asset rarely seen.

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