Investment Highlights
- Ownership: Rare Opportunity to Acquire from Original Developers. Current Ownership has Owned & Self-Managed each Asset for Over 40 Years.
- Value-Add: Substantial operational enhancement opportunities with 96% classic units, below market rents, and no utility reimbursements (ABP rent structure, except electricity). Additionally, new own
- Condition: Well-maintained assets with minimal deferred maintenance and recent exterior capital infusion (New boiler, Exterior signs, landscaping, & paint/siding)
- Scale: Properties are Adjacent and Consist of 372 Total Units; Can be Operated as One
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