University Park Apartments 300 E. Helena Ave.
Ellensburg, WA
96-unit Apartment Community
Strategy:
Hold
Acquired:
June 2007
Status:
Own
Investment Highlights
Located next to the Central Washington University campus, University Park provides a superb setting and location in a stable rental market. Mature trees, manicured lawns, and a creek running through the community make it an ideal, tranquil living environment.
Trinity managed an upgrade program suited to creating an amenity package meeting the demand of young professionals and college students, including an updated laundry facility, study lounge and fitness center. A sport court and grass playfield provide open areas for residents to enjoy the community environment. Unit interior improvements include new vinyl flooring and carpeting, providing an updated living environment. Located the closest to campus of all other “off-campus housing” alternatives makes University Park a solid longer-term investment.