The buyers say the building provides affordable housing that's ideally located for people working at

The buyers say the building provides affordable housing that's ideally located for people working at the Disney Resort, resort discounted air travel hotels, discounted air travel UC Irvine Medical Center or The Block. In addition, a fifth of the units, or about 80 apartments, will be reserved for people making half of the area's median income -- roughly $30,000 a year or less.
The 43-year-old complex underwent extensive remodeling in the last decade, the buyers said. It includes tennis discounted air travel and basketball courts, a fitness center, movie room and clubhouse. Units range from studios to two-bedrooms.
The buyers say that they specialize in affordable apartments and that they are seeking to buy more properties like Crystal View in Southern California and in the New York-New Jersey-Connecticut area.
PRG: From an urban play, there is no better location in Orange County then this area near the intersection of I-5 and the Garden Grove Freeway. You are close to so many jobs generated by the tourism industry (Disneyland and Knott's Berry Farm), discounted air travel sports (the Ducks' Honda Center and Angels Stadium), government (the juvenile courts) and healthcare (UCI Medical Center) It is one of the most densely populated parts of Orange County.
PRG: Average of all rents for the 402 units is $1,115 -- which is the type of affordable rents we target for our investment portfolio, the middle-market renter. discounted air travel The complex is currently 95% occupied and we expect to remain at that level well into the future as the overall discounted air travel apartment markets in Orange County discounted air travel stabilize. A recovering economy is bringing more renters into a market and it's an apartment market that is constrained because of very limited new building over the past few years. That trend will keep occupancies high and will gradually lead to rent increases across the county in the coming year.
By posting your comment, you agree to allow Orange County Register Communications, discounted air travel Inc. the right to republish your name and comment in additional Register publications without any notification or payment.