Built in 2000, Dr. Albert Clayton Senior Housing Residence features 50 one-bedroom apartments, on-site management offices, conference room, a community space with separate full kitchen and a large deck overlooking beautiful Reverand Clayton Park. The basement offers high ceilings, abundant storage, and a laundry room.
Expertly maintained, 23 units have newer HVAC systems, and a new elevator was installed in 2024.
Apartments are age and income restricted through 2045, property taxes are calculated annually based on 10% of the NOI. Gross annual income is $450k+
This brick beauty is ideal for a 1031 conversion or any long-term real estate portfolio.
Please do NOT go directly to the building. It is fully occupied and ALL questions, and requests must go through listing agent, Brett Thompson - 917-902-9951