Closing Announcement (350 Units, Houston TX) - Seeking New Opportunities

[Mike Flaherty]

L5 Real Estate Investments and partners are pleased to announce the successful closing of Huntington Glen Apartments.  Huntington Glen is a 350 unit apartment community built in 1982 and located in Houston, TX. 

Huntington Glen is well positioned and stands to benefit from $800,000 in exterior and interior upgrades. Houston is currently the 4th largest city in the U.S. and Chief Executive Magazine's 2014 "Best & Worst State" rated Texas as the #1 state to do business for a historic tenth year in a row.

This strong, well performing asset will add immediate value to our growing portfolio.

L5 Real Estate Investments continues to provide best in class wealth and asset management via well located, yield driven assets where improved operations and physical improvements maximize earnings and build wealth.

[L. Cheatham]

Congratulations Mike!

Let me know when you get similar deals that you take a pass on.