Oakcrest Villas - Riverside, California

A joint venture between
Hanover and a regional Sponsor acquired this 9-building, 3-story,
92-unit apartment complex adjacent to the University of California,
Riverside. The sponsorship is comprised of a group of Southern
California area property owners experienced in repositioning real estate. The partnership
successfully sold the property upon completion of the extensive common area and unit
interior renovation plan and the tenant base repositioning program. See other apartment
investments.

 
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