Edgehill apartment complex sells for $20.3M »
October 05, 2016
Elmington Capital Group announced Wednesday it has acquired for $20.3 million apartment complex The Park at Hillside in Edgehill. The seller was Park at Hillside W TIC LLC and Park at Hillside 752 ITC LLC, which paid $6.1 million for the multi-building property in August 2013. Located at 1501 Hillside Ave., The Park at Hillside is a 290-unit low-income tax credit (LIHTC) apartment property. In a release, Elmington said it plans to operate the apartment buildings via its Elmington Property Management division.