Holly Village Apartments are located in Holly, and this friendly community is within walking distance to shopping, banks, and parks. The complex was built in 1973 and has been well-maintained over the years with mature trees and landscaping. It contains 16 two-bedroom, one-bath units, each measuring 850 square feet. 13 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 $120,349 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 $127,001. The asset was recently appraised in April 2025 for $1,720,000.