Gindi Equities Acquires Fargo Multifamily Property

Gindi Equities Acquires Fargo Multifamily Property - SEO Friendly

Gindi Equities has recently acquired the Osgood Townsite Apartments, a multifamily community in Fargo, North Dakota. This strategic purchase marks Gindi’s expansion into the thriving Fargo market and adds to their growing portfolio of high-quality residential properties across the country.

The firm plans to invest in a comprehensive renovation program for this Class-B property. The upgrades will include modernized kitchens and bathrooms, as well as improved building exteriors and grounds. Additionally, Gindi will incorporate sustainable features and energy-efficient fixtures to increase efficiency while reducing utility costs. Property Resources Group will continue managing and servicing the asset.

With this latest acquisition, Gindi’s multifamily portfolio now exceeds $250 million in value with over 2,000 units throughout the United States. Built in 2004 at 4901 44th Avenue South, Osgood offers a range of one to three-bedroom apartments totaling 243 units.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

Share the Post:

Related Posts