The new ownership states that while the acquisition will provide immediate cash flow, Merion’s investment strategy includes the implementation of a value-add strategy including: unit interior upgrades, clubhouse and common area refresh, LED lighting upgrades, and property amenity upgrades.
source https://feeds.feedblitz.com/~/616049564/0/globest/new-york~PA-Firm-Acquires-Avalon-Multifamily-in-Shelton-CT/
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