21 George Investors, and partners, are pleased to announce the recent acquisition of Laurel Courtyard Apartments (to be rebranded as Meridian Gardens), a 64-unit apartment complex in Huntsville, AL.
Location: Huntsville, AL
Property Details: 64-units; 8- buildings
Purchase Price: $1,070,000
Value Adds: – Implement superior asset management;
– Rebrand as Meridian Gardens Apartments
– Improve curb appeal
– New roofs
– Bring to market occupancy (93%)
– Improve tenant base and increase rents
This acquisition brings 21 George Investors’ portfolio to 10 assets totaling 169 units.