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PRINCETON ENTERPRISES ACQUIRES HARPER SQUARE APARTMENTS

BLOOMFIELD HILLS, Mich., June 6, 2014 — Princeton Enterprises, a privately held real estate481857
investmentcompany based in Bloomfield Hills, Mich. is pleased to anno
unce the purchase of Harper Square Apartments located in Clinton Township, Mich.

 

Princeton closed on the 72 unit multifamily apartment community in a transaction brokered by Greg Coulter and Al Beachum of Income Property Organization on behalf of a private seller on May 29, 2014.

 

Harper Square Apartments offers its residents spacious one and two bedroom apartment homes with walk in closets, central heat and air conditioning, fully equipped kitchens, and spacious walk in closets. The community features lighted carports, laundry facilities in each building, and 24 hour emergency maintenance service.

 

Harper Square enjoys a prime location that is just minutes from Interstate 94, Lake Saint Clair, Metro Beach Metropark, Selfridge Air National Guard Base, and Jefferson Avenue, which is known for its numerous marinas, fishing locales, and fine dining.

 

“Harper Square is an attractive property that offers an unsurpassed location near Lake Saint Clair, one of the premier recreational locations in Southeast Michigan,” commented Matt Lester, Founder and Chief Executive Officer of Princeton Enterprises, LLC. “The community fits in nicely with our other properties in the general vicinity and is a great addition to our portfolio.”

 

For additional information on this announcement or Princeton Enterprises, please contact Michele Dreer at (248) 683-2500 or m.dreer@prinmgmt.com.

 

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Princeton Enterprises, L.L.C. located in Bloomfield Hills, Mich., is a premier real estate acquisition, development, and property management company that enjoys one of the finest reputations for successfully acquiring, repositioning and operating a diverse portfolio of real estate assets. Founded in 1994 by Matthew B. Lester, the company has grown to more than 525 employees, overseeing 105 properties and 18,500 individual apartment units in Alabama, Florida, Georgia, Indiana, Kentucky, Michigan, Missouri, North Carolina, Ohio, and South Carolina.

 

 

Copyright ©2014 Princeton Enterprises unless otherwise noted.

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