WIP is a full-service acquisition, re-development, and management company focused on both multifamily and student properties. Founded in 1999, WIP has focused on the acquisition of existing multifamily products, which we re-position to maximize the potential of the properties while focusing on tenant satisfaction. We can locate opportunities often overlooked by other market participants, and this gives us the ability to create lasting value for our investors. Using private financing, WIP has placed over $250M in recent acquisitions in over 2,000-bed spaces.


Our company roots are based on a collective entrepreneurial background, where we utilize in-house management to deliver unique resident experiences in the markets we operate. Our in-house construction management team has given us the ability to effectively renovate projects and excels at delivering design-forward interiors and exterior full renovation packages.

Discover Melrose Place in Riverside, CA, (hablamos español) where fully renovated 1 & 2-bedroom apartment homes feature spacious interiors with modern upgrades. Upgraded units are equipped with white shaker cabinets, quartz countertops, stainless steel appliances, new vinyl flooring, and smooth ceilings. Our gated community offers peace of mind, along with convenient amenities like an on-site laundry facility, a swimming pool and on site parking. We prioritize your comfort with online rent payments and maintenance requests, all within a pet-friendly environment!
Melrose Place is located within the Riverside Unified School District. Nearby schools include Jefferson Elementary (0.3 miles), Sierra Middle School (0.7 miles), and Ramona High School (0.3 miles), all of which are conveniently accessible. Nearby shopping centers include Arlington Square and Magnolia Town Center, offering a variety of stores and services. Popular grocery stores in the vicinity include Stater Bros. and Ralphs. Dining options range from well-known chains like Olive Garden and Chili's to local favorites such as Anchos Southwest Grill & Bar. The property is also ideally situated for easy commuting, with quick access to the 91 Freeway, connecting residents to major Southern California destinations. It’s also close to attractions like Riverside Plaza, California Baptist University, and numerous parks.
Melrose Apartments is proud to offer deposit-free living to qualified renters through Obligo! We understand that moving costs can add up, so we want to extend financial flexibility to our residents.
When you move in with us, you can skip paying a security deposit and keep the cash for activities you care about.
Learn more about the benefits of deposit-free living with Obligo by asking the property manager or by visiting their website: [Use CALL or EMAIL to get in touch] 

Heatherwood Apartments

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