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Chestnut Lake

Strongsville, OH

788 Units

Built in 1968

Value Add

Investment Highlights

  • Institutionally owned and operated
  • Organic rent growth through below market rents
  • Nearby apartments are achieving as much as $600+ rent premiums for renovated units
  • Exceptionally well-maintained asset with many upgrades over the years including cabinetry, community center in 2017, modernized elevators, and hallways
  • Located in a dense in-fill suburb

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