Ashford Club Apartments, 2055 Thomasville Road, Tallahassee, FL
TALLAHASSEE, FL (June 11, 2013) – Capital Square Realty
Advisors LLC announced today that the company has acquired Ashford Club
Apartments, a 102-unit multifamily community in Tallahassee, Fla., on
behalf of an affiliated entity.
 |
| Louis Rogers |
Ashford Club Apartments is located at 2055 Thomasville Road
in the affluent neighborhood of Betton Hills.
The approximately 6.5-acre property includes five
three-story buildings offering one- and two-bedroom apartments ranging in size
from 750 to 1,000 square feet of space, with private patios and balconies. The
property also includes a community clubhouse equipped with a full kitchen,
fireplace and wet bar.
“Ashford Club Apartments is located in an upscale area with
numerous amenities,” said Louis Rogers, founder and chief executive
officer of Capital Square Realty Advisors.
 |
| Yogi H. Singh |
“The property is
fully occupied with a waiting list, boasts a 96 percent positive rating on
ApartmentRatings.com and has the potential to deliver strong, consistent cash
flow.”
Property amenities include a swimming pool and spa, with a
sundeck and Wi-Fi, indoor climate-controlled racquetball court, tennis court,
playground, dog park, resident business center and full fitness center.
The
surrounding neighborhood includes office buildings, the Tallahassee Mall,
Governor’s Square Mall, Tallahassee Memorial Healthcare, Tallahassee Community
Hospital and Betton Hills Nature Center.
Originally constructed in 1988 and
recently renovated, Ashford Club Apartments was 100 percent occupied at the
time of the acquisition.
“We are pleased with the results of an exhaustive search by
Capital Square Management’s acquisition team and look forward to the continued
success of Ashford Club Apartments,” said Yogi Singh, senior vice
president, acquisitions and business development of Capital Square Management,
an affiliate of Capital Square Realty Advisors.
For a complete copy of the company’s news release, please
contact:
Jill Swartz
Spotlight Marketing Communications
949.427.5172, ext. 701 – office
949.485.1552 – cell
No comments:
Post a Comment