Success of New Community Attributed to Appealing to Families

Resmark Apartment Living, a division of The Resmark Companies, announced it is 52 percent leased on the first 80 units at Union Place since opening in mid-March.

Placentia, Calif.—Resmark Apartment Living, a division of The Resmark Companies, announced it is 52 percent leased on the first 80 units at Union Place since opening in mid-March.

The community, located in Placentia, Calif., features 125 apartments, including two- and three-bedroom units that are about 1,243 square feet.

Amenities for Union Place include a one-car garage for each apartment, including some with direct access to the garage. Additionally, apartments include granite countertops, stainless steel appliances and private laundry rooms equipped with a full-size washer and dryer.

“Union Place offers three bedroom homes, which are rare, and they are built to a very high standard of quality in both design and finishes,” Patty Bartlett, senior vice president, investments, Resmark Apartment Living, tells MHN.

Residents also have use of landscaped outdoor areas with paved paths to a private pool for the community.  Building amenities also include a whirlpool spa, barbeque area, a children’s play area and a 24-hour fitness center.

Bartlett believes that Union Place was able to lease out its first apartments so quickly because the community appeals to families, in part because of its close proximity to several schools.

“There is strong demand for rental residences that meet the needs of families,” she says. “The community also is located in a mature residential neighborhood, served by a highly regarded school district and is close to employment centers. These factors make it a strong draw for families.”

Construction of the third phase of Union Place, which includes 45 units in three buildings, as well as the fitness center, is expected to be completed in the fall of 2012.