Fourth of the four properties bought
1-unit, 16 bedrooms at 1730 N. First Ave. for $1.3 million
The complexes are full up to 10 months ahead of the new school year and rents range from $750 to $950 per bedroom.
Jarrett Reidhead, the developer who sold the properties to the Reeve Family Trust, will continue to serve as the property manager of the .
“We were looking at traditional apartment complexes but some had significant wear and tear,” Mendelsberg said. “These properties were constructed in the last few years and came with in-place management.”
