Clipper Capital Group Sells 128-Unit Inwood Place Apartments in Palestine, TX

Clipper Capital Group is pleased to announce the sale of Inwood Place Apartments in Palestine, TX. The Company closed escrow on the property on September 7, 2022.


Located at 1501 S Loop 256, Inwood Place was built in 1984 and comprises one- and two-bedroom floor plans. Inwood Place offers air conditioning and a swimming pool, and some units offer in-unit laundry facilities.


Clipper Capital Group plans to utilize their exit from the Palestine market to acquire additional units throughout the American Southwest and further diversify the Company's portfolio.