Case Study
The Crossings Jackson Square
Houston, TX
Multifamily
73 Units
On August 2014, GPI purchased Jackson Square together with Bradford Place and Sedona Square as a portfolio. These properties were under the same property management team due to the apartments being next door. As a result of this merged management, GPI was able to enhance the effectiveness of both locations. The occupancy was kept with great stability, and the rental income kept rising during the holding period. All Jackson Square floor plans were townhouses which attracted many renters in the area.
| Year Built | 1981 |
| Class | B |
| Purchase Price | $2.55mm |
| Sold Price | $5.97mm |
| Total Return | $3.93mm |
| Holding Period | 5.24 Years |
| Total ROE | 523.69% |
| Average ROE | 99.97% |
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.