Location

EXECUTIVE SUMMARY:

The Monroe Portfolio contains two properties: Built in 1969, Appleton Ridge is comprised of 2 one-bedroom / one-bathroom apartments homes at 700 sq.ft., and 54 two-bedroom one / one-half-bathroom apartments homes 850 sq.ft. Built in 1929, 423 Washington Street is comprised of 2 studios 418 sq.ft. and 16 one-bedroom / one-bathroom apartments homes at 606 sq.ft.

Currently, the Monroe Portfolio is operating at 92.8% physical occupancy has maintained this level of performance for many years. Perhaps even more impressive than this asset’s occupancy is the excellent location.