Arbors of Anderson is a 438-unit, fully-stabilized, Class B garden apartment community in Cincinnati, Ohio that has been institutionally owned by one owner since construction. The Property amenities include a clubhouse, a pool, a fitness center, detached garages, and working fireplaces in approximately half the units. The property had begun a renovation program designed to update the interior of the units in order to increase rents. Over 100 units had been renovated, generating rent increases ranging between $70 and $225 per unit.
