Rental Property In Middle Of Renovations

The interior of one of Courthouse Square's apartments.

Founded in 1960, CONTINENTAL REALTY CORPORATION has been in the business of investing in commercial and multi-family residential communities. For them, it's not just about profits, it's about providing the services needed within the communities that the company owns.

Of course, when a business owns rental properties, there does come a time when that community needs some renovations to freshen it up, enhance amenities, and modernize the facilities. One of the properties owned and managed by Continental is COURTHOUSE SQUARE APARTMENTS in Towson. This is an apartment community situated between Loch Raven Boulevard and Stevenson Lane, consisting of 526 units (1-, 2-, 3-bedrooms).



Renovations there are expected to take about five years. They are designed to replace and upgrade various interior elements of all of the units, along with the clubhouse, fitness center, swimming areas, and tennis courts.

First phase renovations started towards the end of 2014 and were recently completed, comprising 55 living units. Cost was estimated at around $900,000. Starting this year, an additional 44 living units are to be renovated, while 160 units will get washers and dryers replaced.

So far, in terms of the additional amenity features, the tennis courts have already been re-surfaced, with lines painted, and the swimming pool area has been entirely upgraded. This year, improvements are planned to the clubhouse Specifics include a new conference room with a large screen television added, a community room, and a refreshment center.

Shoveling one of the properties after Snowstorm Jonas.

Reviews by residents of Courthouse Square place high marks and value on the site's leasing staff, the tennis courts, fitness center, and outdoor landscaping. So, obviously, the upgrades and updates are adding to the attraction of these rental homes.

Some of the properties owned and managed by Continental.

Thanks to this article by Continental Realty: http://www.crcrealty.com/crc-completes-first-phase-of-renovation-program-at-courthouse-square-apartments/; and the above links.

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