NEWPORT BEACH, CA AND ANAHEIM, CA – November 2017 – Leading real estate investment firm Schroeder Investment Partners, Inc has increased their holdings in Anaheim, CA with the acquisition of the Anaheim Park Apartment Homes. The complex is comprised of 24 apartment units and increases the company’s ownership and management presence of its’ current holdings in the City of Anaheim to over 700 apartment units.

“We found a great opportunity to purchase a property that Schroeder Management Company managed for over 15 years. It was a serendipitous moment, where our long time professional relationship with the previous owners gave us the opportunity to negotiate a deal that benefited both sides. Once we solidified that transaction we worked internally with our investors to purchase the property,” remarks Tracy Schroeder, of Schroeder Investment Partners, Inc. “This purchase was attractive to our investors as a stabilized property with immediate cash flow returns.”

Located at 1203 and 1209 N. Dresden Place, Anaheim Park Apartment Homes feature 1970’s mid-century modern architecture with a “park-like” rolling lawn area in the courtyard of the complex. Anaheim Park Apartment Homes is across the street from the Kaiser Permanente Medical Center building, and is situated in an active medical grouping of offices, including Anaheim Regional Medical Hospital. Centrally located only a block east of the North Orange County Community College District corporate offices which oversee the top Junior Colleges in Orange County. Close by are schools, churches, restaurants, local shopping centers and transportation.

Before purchasing Anaheim Park Apartment Homes, the property had been renovated with new e-glass double pane vinyl windows, new entry doors, and fresh paint. Schroeder Investment Partners, Inc has detailed plans to renovate and add value to this asset. These plans include remodeling the laundry room, new entry walkway layouts to improve the overall look of the building, constructing a new leasing office on site, and adding automatic garage door openers to the existing garage doors for the convenience of the residents. The building’s management staff keeps the units occupied with qualified residents and the property is very clean and well maintained.

For additional information, please visit http://schroederinvestmentpartners.com.