Bluerock Tech Ridge Apartments DST
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Investment Description
Bluerock acquired Tech Ridge Apartments, a 256-unit community that was only 50% complete at the time of purchase. Bluerock completed the leasing process and sold the property.
Reported Investment Performance Data
Annual Average Return (ARR): 28.20% (Net)
Holding Period: 2.5 Years
Investment Sponsor
Bluerock is a national sponsor of syndicated 1031-exchange offerings for over 18+ years with a focus on Premier Exchange Properties™ that seek to deliver stable cash flows and potential for value creation. Bluerock has structured 1031 exchanges on over $1.8 billion in total property value and over 10 million square feet of property.
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