Maple Ranch Apartments are located in Royal Oak, a friendly community, within walking distance of shopping, banks, parks, and a great school district. The complex was built in 1960 and has been well-maintained over the years with mature trees and landscaping. It contains 13 apartment homes: 12 one-bedroom, one-bath units, each measuring 700 square feet, and 1 two-bedroom, one-bath unit, each measuring 1,250 square feet. There are RUBS in place through a third party, Conservice. Water/Sewer flat fee: 1-Bedroom - $35/month, 2-Bedroom - $45/month Gas - RUBS based on square footage All new windows and roofs were installed within the last 10 years. The electrical panels were also upgraded. IPO has projected an NOI going forward of $97,687 based on street rents and the T-12 January 2025 – December 2025 P&L. However, in year two, when the complex is brought up to market, the NOI increases to $118,257.