Case Study
Featured
Casa Royal
Houston, TX
Multifamily
268 Units
GPI acquired Casa Royal Apartment in March 2013. For a 6.58-year holding period, we improved the NOI from $360K to $851K which significantly increased the value of the asset. During the holding period, we made a cash-out refinance with a total of $1,400,000 amount out which was already higher than the $1,300,000 equity investment.
| Year Built | 1979 |
| Class | C |
| Purchase Price | $3.57mm |
| Sold Price | $12.99mm |
| Total Return | $9.65mm |
| Holding Period | 6.58 Years |
| Total ROE | 742.45% |
| Average ROE | 112.83% |
With over $760 million in total investments and $197 million in total distributions, GPI continually strives to help our investors achieve long-term financial goals since our founding 14 years ago.