83
MONROEVILLE, PA. — Brick, N.J.-based Tryko Partners has acquired a 436-unit apartment community in Monroeville from CEW Partners for $14 million. Fox Hill Apartments is situated on 28 acres on Fox Hill Drive. It contains a mix of one- through three-bedroom units in four brick buildings. Amenities include a swimming pool, a tennis court, a playground, a community room and guest suites. Occupancy was 78 percent at the time of closing. Tryko plans to immediately renovate the common areas and vacant units and renovate all units within the next three years. A fitness center and business center will also be added. Michael Liguori of Langholz Wilson Ellis represented both parties in the sale.