Case Study
Fountain Oaks Apartments
Houston, TX
Multifamily
265 Units
On October 2013, GPI acquired Fountain Oaks which was then sold in September 2017 for a 4.25 years holding period. The occupancy rate was raised from 92% and maintained above 96% within 4 months. At the time of exit, T-3 NOI was increased to $1.05M which was 29.5% higher than the $811k at beginning of operation.
| Year Built | 1972 |
| Class | C |
| Purchase Price | $7.50mm |
| Sold Price | $14.31mm |
| Total Return | $7.01mm |
| Holding Period | 3.92 Years |
| Total ROE | 307.58% |
| Average ROE | 78.46% |
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.