Larken Associates Adds 108 More Units to Lehigh Valley Apartment Portfolio
Larken Associates recently acquired Sherwood Apartments, a 108-unit Bethlehem apartment community located at 1520 Irene Street, increasing its residential presence in the Lehigh Valley to more than 600 units.
The developer has an aggressive redevelopment plan for the apartment community that includes rebranding it to River Run Apartments, and opening an on-site leasing office as well as providing on-site 24-hour maintenance support.
Physical improvements include installing entrances with security locks and new roofs, repaving and lining the parking lot, replacing the sidewalks and upgrading the landscaping.
New flooring and lighting will be installed, paint will be refreshed in all hallways and rental apartment units as they become available and all in-unit appliances will be upgraded in newly renovated units. New common laundry facilities will be built in each of the 6 buildings, and all heating and air conditioning will be upgraded.
River Run Apartments consists of one- and two-bedroom apartments for lease with rents between $776 and $971 per month including water, sewer, gas, basic cable and trash pick-up, as well as use of the on-site laundry facilities.
“Bethlehem has experienced a renaissance over the past decade that keeps attracting people to the area,” said David Gardner, President and CEO of Larken Associates. “By distinguishing ourselves from our competition, both with a new name and upgrades to the complex, we know we can provide a product that those looking to live in this area can be proud to call home.”
River Run Apartments is located close to Lehigh University and Moravian College. It is also nearby to Bethlehem’s Historic Downtown offering cultural, shopping and dining options including the Sands Casino, Pocono Mountains and Crossings Premium Outlets.
These Bethlehem rental apartments are also situated near Lehigh Valley International Airport and St. Luke's Hospital, and located along the Route 78/22 Corridor with easy access to Routes 33 and 91 for those commuting to Allentown, Philadelphia or New York City.
For more information about River Run Apartments or one of Larken’s other residential communities in the Bethlehem area, call (610) 625-5999 or visit LarkenAssociates.com.
About Larken Associates
A two-generation, family-owned business since 1965, Larken Associates is widely-recognized as one of the region’s fastest growing, well-respected companies. Based in Branchburg, NJ, Larken has been responsible for developing prominent residential and commercial projects throughout the Tri-State area.