Keswick Court Apartments

Keswick Court Apartments

Culver City, CA

60 Units Purchased: May 2011
Purchase Price: $11,150,000
Sold: April 2014
Sale Price: $14,940,000
Levered IRR: 22%
Levered Equity Multiple: 2

Extensive renovation to the exterior, units, and structural/mechanical systems resulted in a profit of 2X in three years.