Property Description

Value-add multifamily investment opportunity featuring 15 total units across an 11-unit apartment complex and a separate quadplex. The 11-unit building consists of one 1-bedroom apartment, eight 2-bedroom apartments, and two 3-bedroom apartments. Electrical and plumbing work has already been completed in the two 3-bedroom units as part of their ongoing rehabilitation. The quadplex contains four 1-bedroom apartments and requires a full renovation, offering significant potential for an investor to reposition the property and increase income. Attractive unit mix with multiple opportunities to add value through renovations, improved occupancy, and rental growth. All income, expenses, and projected returns provided are pro forma estimates and do not represent the propertyâ??s current actual operating performance. Buyer should independently verify all financial information, unit conditions, zoning, and renovation requirements.

Property Features