Gilliland–Laurel Apartments and Storage Units Bellevue, Pa.

   
Overview

Mazzarini Real Estate Group, LLC acts as one of two general partners for this property. The acquisition of this 46 unit multi- family apartment complex and 39 storage units, property took place in the spring of 2014. The $3,424,000 purchase required a $1,180,000, equity raise and was closed in 80 days of going under agreement. Working alongside partner, Cedarcove Capital Ventures, LLC, they secured financing through Grandbridge Real Estate Capital, with Farmers National Bank of Emlenton. This acquisition demonstrates Mazzarini Real Estate Group’s ability to source properties for investors, and their ability to quickly execute transactions. Through the application of professional management and targeted upgrades Mazzarini Real Estate Group, LLC seeks to make Gilliland -Laurel a desirable place to call home. Anthony Mazzarini, Jr. of Mazzarini Real Estate Group is actively responsible for overseeing all aspects of the project including the property manager, accounting, investor relations and positioning of the property for long term maximum valuation.

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