We are pleased to announce that we have closed on our first acquisition in Salt Lake City, Utah. Lion Real Estate Group and Marble Partners have acquired Eagles Landing, a 378-unit multifamily property located at 625 S Redwood Blvd in the Wasatch Front neighborhood for $52,250,000. The property will be renamed “Ashford Apartments.”
We plan to execute our value-add program immediately including renovating units, enhancing curb appeal, and overall rebranding in order to capture the upside in rent relative to comparabl00e properties in the market.
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