Property details

Evergreen Apartments

Investment type

Value Add

Asset Class

Multifamily

Ownership Structure

Joint Venture

Year Acquired

2015

Investment Summary

Evergreen is a former church that underwent a significant renovation to turn the property into multifamily in 2014. The property now features 12 upscale units with spacious floor plans, condominium-quality finishes, and in some units restored stained glass windows that were part of the original church infrastructure.

Syndicated acquired the property with CA Ventures, an established developer, owner, and manager of more than 1,600 units across the Midwest.