NEWPORT BEACH, CA AND LA HABRA, CA – September 2019 – Leading real estate investment firm Schroeder Investment Partners, Inc has increased their holdings in La Habra, CA with the acquisition of the The Ridge Apartment Homes. The complex is comprised of 18 apartment units well-located in a quaint La Habra neighborhood.
“This investment opportunity was brought to us because of its location across the street from an asset that is currently in the Schroeder Companies portfolio of properties. Hence, it made a lot of sense to increase our holdings in the neighborhood of Ridgeway Lane,” remarks Ernie Schroeder, of Schroeder Investment Partners, Inc. “With management already in place and our successful track record that we have seen in the rental market throughout La Habra, this was a great investment choice for our investors.”
Located at 531 Ridgeway Lane in La Habra. The Ridge Apartment Homes is within blocks of newer shopping centers with desirable brand name restaurants, shops, and entertainment options. There are extensive amenities in the La Habra area including top schools, rolling hills, outdoor activities such as golf, and a close drive away to the surf/sun lifestyle of Huntington Beach. Conveniently located for access to City of Industry and other job growth areas, this new asset offers endless job opportunities for residents.
Schroeder Investment Partners, Inc has detailed plans to renovate and add value to this asset. These plans include a new roof, exterior paint, beautiful exterior lighting, new windows and entry doors, remodeling the laundry room, and creating a new hardscape and landscape plan for the property.
For additional information, please visit www.schroederinvestmentpartners.com.
About Schroeder Investment Partners:
Schroeder Investment Partners, Inc. is a leading real estate investment firm founded by Ernest and Tracy Schroeder that focuses on commercial and residential property acquisitions in Southern California. Through the formation of limited liability companies with private investors Schroeder Investment Partners structures real estate purchases in Orange and Los Angeles Counties. Headquartered in Newport Beach, Schroeder Investment Partners, Inc. focuses on acquiring under-performing properties that can benefit from its expert in-house management professionals. Collectively, Schroeder Investment Partners, Inc. and its affiliate Schroeder Management Company acquire, invest, and manage a Southern California real estate portfolio valued over one half of a billion dollars.
