PROPERTY HEADLINE: HIGH-YIELD 24-UNIT APARTMENT BUILDING | 11.74% PRO-FORMA CAP RATE | HUD SUBSIDIZED PROPERTY DESCRIPTION: Presenting a rare opportunity to acquire a high-yield, 24-unit apartment building with a stable and guaranteed income stream. This property is a high-performing asset, buoyed by a significant HUD subsidy that ensures consistent occupancy and reliable cash flow, making it a recession-resistant investment. The property generated a 2024 Net Operating Income of over $146,000, demonstrating strong in-place financial performance. With a pro-forma capitalization rate of 11.74% at the asking price, this offering represents one of the most compelling investment opportunities in the market for an investor seeking immediate and substantial returns. The property offers a desirable mix of units and has been well-maintained. This is a perfect turnkey asset for an investor looking to add a reliable, cash-flowing property to their portfolio. ### INVESTMENT HIGHLIGHTS: * HIGH-YIELD INVESTMENT | 11.74% PRO-FORMA CAP RATE This property offers an exceptionally strong in-place return. Based on the 2024 full-year financials, the pro-forma cap rate is 11.74%, providing an immediate and significant return on investment. * STABLE & GUARANTEED INCOME STREAM A significant portion of the rent roll is subsidized by a HUD contract, drastically reducing vacancy and collection loss. This government backing provides a reliable income stream that is insulated from market fluctuations. * PROVEN FINANCIAL PERFORMANCE The property boasts a strong history of income generation. The full-year 2024 Net Operating Income was $146,467 (pro-forma). The year-to-date 2025 financials show continued strong performance . * VALUE-ADD POTENTIAL While the property is already a strong performer, there is potential to increase returns by raising rents on non-subsidized units to full market rate and implementing minor operational efficiencies. * DESIRABLE 24-UNIT SCALE This property is the ideal size for a private investor, offering economies of scale that are easy to manage without the need for a large, institutional-level management team. ### FINANCIAL SNAPSHOT: * Asking Price: $1,248,000 * Price Per Unit: $52,000 * 2024 Pro-Forma NOI: $146,467 * Pro-Forma Cap Rate: 11.74% A full due diligence package, including detailed financials, is available upon request.