Integrated private investment platform Penn Capital has acquired the former GuestHouse Suites in Huntsville, AL, as part of a $27 million, three-property redevelopment portfolio. The two-story, 88-unit community is located at 4020 Independence Dr. and consists of 66 studios and 22 two-bedroom/two-bath apartments. Penn plans to invest $5 million to redevelop the property with major interior and…
Penn Capital to Invest $27M in Huntsville Redevelopment Portfolio
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