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Realized · Multifamily · 156 units

Vera Cruz Apartments

Forest Park, GA

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Vera Cruz Apartments aerial, Forest Park, GA
Asset Class
Multifamily · 156 units
Market
Forest Park, GA
Total SF
156,900
Acquired
11/2011
Sold
12/2012
Purchase Price
$1,500,000
Sale Price
$2,700,000
Net LP IRR
43.7%

A 156-unit multifamily community in Forest Park, GA, in the Atlanta MSA. Acquired in November 2011 and sold in December 2012, Vera Cruz was one of Geneva’s earliest realized exits and set the template for the firm’s buy, improve, and sell discipline.

Figures per Geneva Performance Overview, September 2026. Net LP IRR is deal-level and net to limited partners.

Past performance is not indicative of future results. This is neither an offer to sell nor a solicitation of any offer to buy any securities. Unless otherwise indicated herein, all information is current as of the date specified. Investing in the Fund contains risks, including the risk of loss of your entire investment. The Fund may not be suitable for all investors, and an investor should contact pertinent tax, legal, and financial advisors prior to investing in the Fund. Geneva Income Opportunity Fund I LP does not own the properties presented on this website.