Bethel Townhomes Aerial View
- Dec. 21, 2018
-- Driven Capital Partners, LLC, a California based real estate private equity firm, has completed the acquisition of Bethel Townhomes, a 24-unit multifamily property in Decatur, AL.
Bethel Townhomes, completed in 2017, is 100% occupied with a waiting list of interested tenants and is located half a mile from the recently built Priceville High School. Bethel Townhomes enjoys limited competition, being the only apartment option available in the immediate area with no additional units scheduled to come online.
"With the new award winning high school drawing young families into the area, we're excited about the opportunity to provide a safe, affordable housing option the community can be proud of," said Dan Kennedy, Co-Founder of DCP.
"We continue to be drawn to the greater Huntsville metro as businesses expand and invest here, drawing additional jobs and stimulating demand for housing, " said Matt Shamus, Co-Founder of DCP. "Huntsville is on a major growth trajectory, and we're thrilled to be here contributing."
Driven Capital Partners is a California based Real Estate Private Equity firm that provides investors passive income and wealth creation opportunities through commercial real estate. Learn more at: https://www.drivencap.com/