Investment Highlights
- High-quality 78-Unit Community: Class A construction completed in 2014, situated on an expansive 19.80-acre site with spacious apartment homes averaging approximately 1,139 square feet.
- Outstanding Renewals and New Lease Trade Outs: The last 48 renewed leases at Mallory Ridge averaged $245 per unit/month or an exceptional 11.2% while 28 new leases harvested a respectable 2.1%.
- Extensive Amenity Package: Resort-style swimming pool, fitness center, clubhouse, business center, outdoor recreation areas, walking paths, garages, and carports.
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