Hearthstone & Bella Terra

664 UnitsMultifamily
Written By Whitney Yost

Value-Add Investment located in Aurora, CO

664 Units Total (360 units within Hearthstone and 304 within Bella Terra)

Acquired: 2007

Purchase Price: $41.9M

Sold: June 2015

Sale Price: $91.0M

Average Annual ROI: 18.3%

Equity Multiple: 2.28

Whitney Yost https://www.alderstudio.com/
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