Purchased for $17 Million
Adding value with rebranding and renovations.
Value-Add Business Plan
- Pursuant to the business plan, CWCIM has executed a complete rebranding of the property including name, signage, and website (The Milo, formerly Park Place Apartments).
- CWCIM has implemented RUBS and cable charges, completed a roach remediation program, signed a contractor for the clubhouse renovation (to be completed in Q1 2020), and renovated 11 unit interiors. CWCIM anticipates renovating the remaining unit interiors upon roll.