HOUSTON – Hilltop Residential, a Houston-based multifamily real estate investment company, has acquired a 399-unit apartment property located in Fort Worth, Texas. The Class A property was built in 2009 and offers residents an array of high-quality amenities in a fast-growing location.
“We are excited about buying a well-located asset we can add value to” said Greg Finch, president of Hilltop Residential. “Interiors on this asset are untouched. We will completely transform this asset by adding granite countertops and new cabinets to all kitchens and bathrooms. We will also implement our management platform that is laser focused on customer service, so the property will excel in its market.”
Hilltop Residential was formed in 2017 to acquire and renovate multi-family real estate assets that have strong market potential in Texas and the southern U.S. Since opening 14 months ago, the company has purchased roughly 3000 apartment units across the state of Texas. Target properties are well located, built in 1995 or later, and can be repositioned to maximize returns for investors.
About Hilltop Residential
Headquartered in Houston, Hilltop Residential provides investors with tax-deferred income and capital appreciation by acquiring and renovating multi-family properties located in the southern United States. Hilltop invests in cities and neighborhoods with strong demographics and positive employment growth. For more information, visit www.livehilltop.com.