ResProp Management Welcomes Avalon Park to Their Portfolio! March 19, 2019
AUBURN, Ala., March 7, 2019 /PRNewswire/ -- ResProp Management was selected to provide full-service property and construction management for Avalon Park. Avalon Park is centrally located near Auburn University in Auburn, Alabama. It is conveniently located at the tail end of Webster Road, not far from the campus, making it a popular location for students and residents looking for location and space.
Avalon Park is a comfortable manufactured home community composed of 217 mobile homes. These spacious floor plans offer 2 and 3- bedroom layouts. The property is home to Auburn's only private beach. Residents can enjoy on-site amenities that include a swimming pool, 24/7 fitness center, and gated access.
Stephen D'Ambrosi, Regional Vice President for ResProp states, "We are excited to work with Trinity Property Group, on our first community in the Alabama market. Avalon Park is a great location close to the University of Auburn campus. This community offers easy access to the campus via the Tiger Transit as well as a full amenity package."
With the recent addition of Avalon Park into the portfolio, this marks ResProp Management's first presence in Alabama. This latest addition was made possible through the partnership with Trinity Property Group.
Jeffry Hirschoff, Principal and Director of Operations for Trinity Property Group states, "We are excited about ResProp's breadth of experience in the multifamily space, and believe they are a natural fit for management of Avalon Park."
About ResProp Management: Since 2010, Resprop has managed over 17,000 apartment homes throughout Florida, Alabama, Texas, Arizona, and Colorado. ResProp will continue to relentlessly pursue our aim to be the premier service to property owners of residential real estate in target markets into 2019. ResProp is a vertically integrated company, handling acquisitions, property management, construction management, and portfolio management in-house.
About Trinity Property Group: Trinity Property Group is a privately held real estate investment and advisory firm. Trinity has a long history of private equity investment in various property types, with a strong emphasis on multifamily projects. Trinity concentrates on investments where they believe they can increase value by growing income through repositioning and/or rehabilitation, and by acting upon relative value opportunities among geographic, market, and property sectors.
Trinity adds value to underlying properties through a combination of real property expertise, a strategic investment approach focused on value, and consistent portfolio and asset management.
SOURCE ResProp Management