Acquires Collings At Lumberyard

May 07, 2019

Collings at Lumberyard, is a 104 unit luxury apartment building located in downtown Collingswood, NJ. A walkable, and transit-oriented suburban town, Collingswood provides an easy commute to Philadelphia via public transportation. The PATCO Speedline is a ten minute walk from Collings at Lumberyard and provides residents with quick access to all the amenities and employment opportunities in Center City Philadelphia. The property includes a 1,500 plus square foot retail space currently occupied by a successful local brewery. Built in 2013, the property is in good physical condition and has a solid resident base. Merion plans to make interior upgrades, including LED lighting retrofit and updates to unit finishes. Additionally, exterior improvements will be made and a revenue management system will be put in place to maximize rental premiums from these upgrades.

Related Posts

Acquires The Monroe

Acquires The Monroe

Merion acquired The Monroe apartments in Tallahassee, Florida on July 16th 2019. This 288 unit property is conveniently located along I-10 with close proximity to Tallahassee’s major employment centers, universities and state government. The property has excellent...

Acquires The Ledges

Acquires The Ledges

Merion acquired The Ledges, a 339 unit, Class-A, garden style multifamily unit apartment community in Groton, Connecticut. The property was purchased for $60 million, or $177,000 per unit. The community was constructed in 2003 and is in good physical condition....


308 E. Lancaster Ave
Suite 300
Wynnewood, PA 19096

(610) 896-3000

We introduce Merion Residential

(Merion’s affiliated property management company)