HISTORIC PROPERTIES TO BE UPDATED

JAMESTOWN, ND – November 8, 2010 – (RealEstateRama) — Two apartment buildings here will get a new lease on life with renovations and upgrades. The Jameshouse and Posthouse Apartments, which provides affordable housing for seniors and people with disabilities, will undergo major improvements including installing air conditioning throughout the properties, new windows, roofs and energy-efficient boilers. Dishwashers will be installed in most units, and bathrooms, kitchens and other finishes will be updated. MDI Limited Partnership #102 and its general partner, Gary Stenson, acquired the properties and recently started to update both historic buildings. MetroPlains Management, LLC will continue to manage the properties and oversee the improvements.


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