top of page
Search

PrivCap Acquires The Villas at Sierra Vista

  • tracie15
  • Aug 1, 2016
  • 1 min read

PrivCap Holdings acquired The Villas at Sierra Vista, a 227 unit multifamily property, in Fort Worth, TX last week for $6.85mil. The acquisition is yet another addition to PrivCap's growing Texas multifamily portfolio.

With just 65% occupancy, PrivCap envisions great potential for the property and will be immediately implementing its value-add strategy with capital improvements planned and a more aggressive management style. "We are excited about the upside potential of this asset", remarked PrivCap CEO, Donny Cohen. "In a market averaging 93% occupancy, clearly there's a story here. We are looking forward to writing our own version over the coming months."


 
 
 

Comments


Recent Posts
Archive

© 2019-2020 by PrivCap Companies 

bottom of page