Review for Mayfair Chateau Manor Apt Apartments

The new management company that purchased Mayfair is making many new additions and renovations, but is it really worth the cost? Many of the residents at Mayfair are elderly individuals that have been living here since the 1980s. Now these individuals are being forced to move because of the rent increases that come along with these upgrades. For example, a woman in one of the apartments was paying $570 on a month to month basis. The new management has now given her three options: Pay $770 a month on a 7 month lease and receive limited upgrades, pay $950 per month on a month to month basis with no upgrades, or pay over $1000 per month for a full remodel on a 12 month lease. This woman is now being forced to move after living in this apartment for nearly 20 years.

The investors in this management company are in this business to make money, but they should consider whether or not this is an ethical way to practice business.