This is the 5856th most frequent Russian word.
расположенной
"Situated" or "located."
It is used to describe the location or position of something, specifying where the apartment is situated.
Я живу в уютной квартире, расположенной в центре города.
I live in a cozy apartment located in the city center.
Here, it describes the position of the university, providing extra information about its physical location.
Университет, расположенный на этой улице, является одним из лучших в стране.
The university located on this street is one of the best in the country.
In this case, it illustrates the position of the factory, indicating its geographical placement.