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Multifamily

The Gardens

Parma, OH

176 Units

Built in 1973

Value Add

Investment Highlights

  • Institutionally owned and operated
  • Organic rent growth through below market rents
  • Nearby apartments are achieving as much as over $150 rent premium for newly renovated units
  • Exceptionally well maintained asset
  • Located across from The Shoppes at Parma, a 736,000 Square-Feet newer commercial district (98 Percent occupied) and blocks from University Hospitals Parma Medical Center (Over 300 beds)

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