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Mountain View Apartments

Boezman, Montana
  • Property Type: Multi-Family
  • Units: 161
  • IRR: 28.%
    Year Purchased: 2013
    Years Owned: 3
    Occupancy at Dissolution: 100%

About

Mountain View Apartments in Bozeman, Montana, underscores Chartwell Capital Partners' success in optimizing market-rate multi-family units. Acquired in 2013, the property consisted of 161 units with a transaction value of $13,100,000. Under Chartwell's ownership for three years, the project achieved a full 100% occupancy at dissolution. With roles as Owner, Developer, General Partner, and Manager, Chartwell strategically renovated units, installed covered parking, and raised rents, contributing to an impressive Internal Rate of Return (IRR) of 28%.

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