In July 2017, Principals of SHIR Capital announced the sale of Nest apartments in North Central San Antonio, Texas for $9.6 million, yielding a 31% IRR to investors.

The 149-unit property was acquired in February 2015 for $4.0MM, with total capital deployed of $9.6MM. A full value-add renovation was completed including unit interiors, exterior upgrades, and amenity improvements.

The Nest San Antonio sale reinforced SHIR Capital's track record of executing successful value-add strategies across multiple Texas markets.

For more information about our Project Portfolio and becoming an investor in upcoming projects, please contact us at: info@shircapital.com