Proud to announce FSO Capital Partners largest acquisition to date with the closing of Sonoma Valley Apartments in Apache Junction, AZ for $44,500,000, $250,000 per unit and $250/sf. This 176 property was built in 2001 and is comprised entirely of two and three bedroom units.
We assumed an existing Fannie Mae loan with a 2.87% interest rate, 49% LTV, almost 3 years of interest only payments left and raised $24.8mm in equity.
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FSO Capital Partners is a Phoenix private equity real estate firm specializing in the discovery and acquisition of undervalued multifamily properties.
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