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Mountain Heights

Burley, Idaho
  • Property Type: Multi-Family
  • Units: 120
  • Year Purchased: 2015
    Years Owned: 6

About

Mountain Heights in Burley, Idaho, is a multi-family property that stands as a testament to Chartwell Capital Partners' comprehensive approach to real estate development. Acquired in 2015, the property comprises 120 units and was financed through a WD-HUD IRR Loan Mod (221(d)(4)) with a transaction value of $12,905,948. Owned for six years, Chartwell played roles as Owner, General Partner, Manager, Developer, Principal of borrower, and Guarantor. The project involved acquisition, entitlement, market research, financial analysis, design, and overseeing construction, with successful leasing and self-management.

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