Envy Apartment

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Share This Story Property Deals Prompt Questions About AZ Firm Rodney Ernhart of Bigfork, Montana has had enough. “We’re done. We just want to wash our hands of the whole situation and just walk away. Take our licks. Learn from our mistakes and go on.” As mistakes go, Ernhart’s was an expensive one, costing him roughly $60,000. “It’s my own stupid fault.” In the spring of 2016 at a real estate conference in Las Vegas, Ernhart and his wife were approached about an opportunity in Niagara Falls, New York. The pitch came from a representative of Return On Rentals. The Arizona-based company says on its website that it “( helps) its clients create long -term wealth, using turnkey, residential rental property as the vehicle. We provide rehabbed, rented, professionally managed, cash flowing real estate for investors. ” Available for sale was a four- unit apartment building in Niagara Falls. Price tag was $100,250.  Ernhart was being asked to purchase, on the spot, without ever seeing the p...

The realty group beat out more than 20 offers to secure the 294-unit complex on Hickory Creek Drive . A local buyer has picked up nearly 300 apartments in Henrico, where two other decades-old rental communities are under contract. McCann Realty Partners beat out nearly two dozen local and out-of-town offers on Hickory Creek, a 294-unit, 32-year-old complex of one- and two-bedroom apartments at 2344 Hickory Creek Drive . The Henrico-based firm, based less than a mile away, purchased the 20-acre property along Tuckernuck Drive, between West Broad Street and Mayland Drive, for $28.55 million. The sale closed June 27 , according to county records. McCann president Matt Akin and vice president Thomas Upson said the property’s proximity to their office, as well as to Innsbrook, was appealing to the firm, whose portfolio of rental properties is primarily out-of-state. Akin said Hickory Creek is “close by; it’s in a neighborhood we obviously know. It’s a mid-‘80s product that needs a lar...

POCATELLO — An Idaho State University student is facing multiple felony charges after police say he held a motorist at knifepoint, forcing the motorist to give him a ride. Police said 23-year-old Saud Khalid Almudaiheem , a student from Saudi Arabia who is living in Pocatello, was charged with two counts of felony aggravated assault with a deadly weapon and one felony charge of second- degree kidnapping . Around 2 a.m. Sunday, police said they received a call from a motorist claiming that Almudaiheem brandished a black box- cutter style knife and demanded a ride from the Jacksons Food Stores on South Fifth Avenue to an area near the Ridgecrest Apartments on Bartz Way. Advertisement After dropping Almudaiheem off, police said the victim called police to report the incident. At approximately 5:30 a.m. on Sunday, police responded to the Chevron gas station on the corner of South Fifth Avenue and Benton Street. That’s where it’s alleged Almudaiheem used the same black box- cutter st...