Location: Lombard, IL
Apartment Units: 230
The 230 unit multifamily apartment community is located in Lombard, Illinois. The property was built in 1968 and is located in DuPage County, one of the wealthiest counties in the nation. Lombard has an outstanding reputation as one of the premier places to live in the western suburbs. Westmore is located in a park-like setting with an open courtyard and a creek running through it. The buildings are two story on-grade brick with patios or balconies. After renovating original units, adding in-demand amenities, and employing the proper management techniques, the acquisition of Westmore Apartments will provide a compelling return to Investors. We plan to add a fitness/business center, reduce expenses to Axiom efficiencies, and bring rents up to market through renovations of units over three years.