Acquisition News from Corridor Ventures! We are pleased to announce the joint venture acquisition of Hunters Ridge Apartments, with our co-sponsor and partner, RM Communities (sister company to RealtyMogul). The acquisition of this 170-unit multifamily property in East Lansing, Michigan aligns with our strategic focus on proven, value-add assets in recession-resilient markets that offer opportunities for immediate cash flow. Situated near Michigan State University and well positioned to benefit from strong economic drivers in the region, Hunters Ridge represents a high quality, stabilized asset with accretive assumable fixed-rate debt, and knowledgeable, experienced co-sponsorship and in-place property management (Village Green). For detailed insight into our strategy and the property's potential, read more here: https://lnkd.in/gPxG_iFD. #CorridorVentures #RMCommunities #RealtyMogul #RealEstateInvesting #CorridorInvestsInCommunity #PoweredByPartnership #HuntersRidge
