The Warwick, a 152 unit garden style apartment project built in 2 phases, was acquired in 2003. The property is located in Abilene, Texas near the Abilene Mall and the Abilene Regional hospital and the growing west Abilene area. The project was originally built in the early 1980’s in 2 phases with 145,288 square feet, 1 pool, an office and a clubhouse.

As managing general partner, Hunter Interests obtained the equity and debt to acquire and remodel the asset which included the following:

The property floor plans were updated and re-named with a new management team and marketing plan that increased value allowing for the property to average an incredible 98% occupancy for nearly 5 years with cash flow increasing by almost $150,000 annually. The property was sold to a German equity fund in 2007.