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GoldOller Real Estate Investments Buys Silver Oaks and Sutton Place; Two Communities in Metro Detroit

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PHILADELPHIA, Nov. 29, 2017 /PRNewswire/ — GoldOller Real Estate Investments announced its acquisition of two rental communities in Southfield Michigan, a prominent Detroit suburb, consisting of 726 apartment homes.

Sutton Place is a 516-unit, luxury apartment and townhome community consisting of 64 two and three story garden-style buildings built over full basements. The spacious apartments and townhome style buildings range in size from 850 square feet to over 2100 square feet.

(PRNewsfoto/GoldOller Real Estate Investmen)…

Sutton Place offers an extraordinary life style and location, in Southfield, directly across the street from the exclusive Plum Hollow Country Club.  Sutton Place is renowned for having the best floor plans in the market with bi-level apartments, flats, and full townhomes with attached garages. The property’s amenities include a beautifully decorated clubhouse with a wrap-around balcony, community room and bar, fitness center, large outdoor swimming pool, picnic area with free-standing pergola, upper and lower sundecks, and billiard room. Within the clubhouse, the spacious leasing center is proximate to the entrance and has convenient ambulatory and handicap access.

Built in 1972, Silver Oaks of Southfield is a 210-unit, garden-style apartment community situated on 20.77 lush acres. The property includes 23 two-story masonry constructed apartment and townhome-style buildings with oversized one, two, and three bedroom rental homes. The wonderful community amenities include a beautiful clubhouse, swimming pool, laundry and storage facilities in all buildings, controlled access, and covered parking.

According to GoldOller Chairman Richard Oller, Sutton Place and Silver Oaks are both mature, highly occupied, and well performing properties that complement GoldOller’s existing midwestern states portfolio. “We own and operate communities throughout the Midwest from Oklahoma City to Illinois, but this is our first venture into Michigan and we are excited to be here,” Oller said. We have been watching with great interest the beginning of Detroit’s renaissance, and we’re now excited to be part of it.”

Jill Hinton, GoldOller’s VP of Operations, explains how the company quickly begins implementing their signature style and events. “Our teams hit the ground running as we look forward to introducing our wonderful Life on the GO amenities and programs at both properties.  Our main goal is to always create a unified community where residents feel that This is Home.”

Once closing is official, GoldOller hosts several resident and team events, Hinton

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