Irving, TX — Nov. 15, 2019 — Silverado apartments, recently sold by Elmstone Group OP1, LLC, successfully allowed its investors to double their original investment – a return of 100% – in around 3½ years.
Focusing on Class C properties in the Dallas/Forth Worth-area, the Elmstone Group has developed a reputation for delivering both quarterly cash-flow to investors in addition to a very respectable equity gain upon sale.
Silverado, which the Elmstone Group purchased in April 2016, completed the group’s fourth multifamily sale, while still holding other properties for cash flow and potential future equity capture to investors. The Elmstone Group properties, managed by Elmstone Group Property Management, LLC, continues to thrive in the multifamily arena as a result of hands-on management and ownership.
About the Elmstone Group
The Elmstone Group is a collection of fully integrated, specialized Real Estate companies. The Elmstone Group is a regionally recognized leader within the Texas Real Estate industry with a full spectrum of services, simplifying acquisitions, asset management, rehabilitation, repositioning and disposition of multifamily assets.