Property Description

Investors take notice! Exceptional value add opportunity with this 12 unit apartment building featuring strong upside potential. The property includes a dedicated 12 space parking lot and a desirable unit mix of five 2 bedroom, 1 bath units and seven 1 bedroom, 1 bath units. Currently, 9 units are leased with 3 vacant units, offering immediate potential to increase occupancy and maximize returns. Current rental income totals $7,150/month. Ownership expenses include common area electric, water, trash, and yard maintenance, while tenants are responsible for their own unit electric. Whether you're looking to expand your portfolio or capitalize on a repositioning opportunity, this income producing property offers both stability and room for growth.

Property Features