7-Unit Value-Add in High-Demand Area
Rare chance to acquire a 7-unit apartment building with massive upside potential. This property is a true value-add — perfect for investors looking to quickly force appreciation and boost cash flow.
The building has a solid roof and offers easy opportunities to add a laundry room and storage units for additional income. Two units are currently vacant intentionally, giving the new owner an immediate start on renovations without disrupting existing tenants.
Current rents are well below market, with no rent increases in years. By renovating units and adjusting to market rates, a savvy investor could push the cap rate to **10%+** while enjoying long-term appreciation.
Located in a consistently strong rental market with a proven waiting list for tenants, this property offers both stability and aggressive growth potential. The right improvements here can turn this into a high-performing, cash-generating asset in short order.