Merion Realty Partners, on behalf of its joint venture partners, acquired Countryside Village Apartments, a 448 unit apartment community located in Manchester, NH. The property will undergo a comprehensive capital improvement program including a clubhouse renovation, amenity upgrade, and an interior unit value-add program. These improvements will help differentiate the community from similar vintage properties. Countryside, when compared to the immediate competitive set, has the best physical site plan, best amenity package, and the largest clubhouse and community center. With limited new supply coming to Manchester and excellent apartment fundamentals, Merion believes it is an excellent time to enter the market.
Acquires Merion Stratford
Merion Stratford is a 130 unit Class A apartment community located in the quiet bedroom community of Stratford, Connecticut within affluent Fairfield County. Merion Stratford is located within minutes of both I-95 and the Merritt Parkway and affords residents...
