$2,280,000 USD
866-889-0550
HIGHLIGHTS
- Recent Capital Improvements – Roof and boiler updated in 2024, water heater replaced in 2019, reducing near-term expenses.
- Unit Upgrades Underway – 13 of 23 units feature updated kitchens and bathrooms, supporting strong market rents and future upside.
- New Windows in Select Units – 4 of the 23 units have brand-new windows, improving energy efficiency.
- Balconies for Majority of Units – 14 of 23 units include private balconies, enhancing tenant appeal and retention.
- Off-Street Parking for All Units – Dedicated off-street parking available for all 23 units, a strong amenity in this submarket.
- Prime Location Near Retail And Transit – Easy access to shopping, dining, and major highways.
FOR SALE DETAILS
PRICE
$2,280,000 USD
PRICE/SF
$142 USD /SF
# OF UNITS
23
PRICE/UNIT
$99,130
CAP RATE
10.16%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1964
PARKING SPACES
23
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
34-029-24-34-0050
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866-889-0550
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866-889-0550
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