Purchase Price $17,500,000
75 Unit apartment complex
Michael Mortimer oversaw the acquisition of this property during his time as Director of Acquisitions for a local investment company. He secured this off market transaction through complex negotiation and secured one of the few properties in the desirable Claremont market. He oversaw all aspects of financial analysis, business plan development, financing and escrow management. This property offers many amenities and features including a large resort-style swimming pool with two large cabana style lounge areas. A newly built dog park with two designated pet areas. The property also includes lush and beautiful landscaped grounds throughout and two 24 hour laundry facilities. In addition there is a fully equipped fitness center with sauna. Just minutes from the shops and dining of Claremont Village, and with easy access to the 10, 57 and 210.
