| Type of Property: | Multifamily |
|---|---|
| Number of Units: | 160 |
| Location: | Tunica, Mississippi |
| Type of Project: | Market Rate Rental |
| Development Date: | 2000-2001 |
| Development Highlights: | Developed at a cost of $40,625 per unit. |
| Holding Period: | Sold in 2006 |
| Investment Highlights: | Sold for $7.8 million |
Plantation Apartment Homes is a 160 unit multifamily property located in Tunica, Mississippi. The apartments were developed in 2000 for $6.5 million. They were operated as market rate rentals until 2006 when they were sold for $7.8 million.