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Reserve at Chino Hills Re-Opens Following $10M Reno
Los Angeles-based Decron Properties Corp. re-opened the Reserve at Chino Hills, following the investment company’s $10 million renovation of the 440-unit apartment community in Chino Hills, CA. The remodeled 22-acre, garden-style property is located at 4200 Village Dr.
Decron’s David Nagel says, “We took the best of what the property had to offer, and enhanced it to create an affordable luxury living environment that is within the reach of most working families in Los Angeles. The result is an apartment community with a resort feel, that our residents can be proud to call home.”
The investor acquired the property, then known as Village Crossing, in August 2014 for $82.25 million and immediately began one of the most ambitious renovation plans in the firm’s history. After an investment of $21,000-per-unit, rents for the studio, one and two-bedroom apartments at the Reserve at Chino Hills will range between $1,495 and $2,000 a month.
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