Holly Village Apartments are located in Holly, this friendly community is within walking distance to shopping, banks, parks. The complex was built in 1973 and
has been well maintained over the years with mature trees and landscaping. It contains 16 apartments homes: 16 two-bedroom, one-bath units , each
measuring 850 square feet. 14 of the 16 units have been completely renovated. There are full size washers and dryers in every unit.
IPO has projected an NOI going forward of $132,005 based on street rents and the market rate expenses. However, in year two when the complex is stabilized
and brought up to market, the NOI increases to $139,007. The asset recently appraised in April 2025 for $1,720,000.