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.