Listing price of $2.1m includes building 1 (5 units) and building 2 (4 units) = 9 Units complete in 2024. 100% occupied - 2025 rents total $200k. The first unit turned over in Jan 2026 from the initial lease up and leased for $1909. Current gross rent = $16,536/mth. High-quality tenants, no delinquencies.
All units are 3 bd, 2.5 bath modern "built to rent" townhomes. Builder grade finishes throughout interior: granite countertops, stainless appliances, ceiling height cabinets, built in vanities, upgraded trim package. Message agent for link to video walkthrough.
2 additional shovel ready lots are available for $200k. These lots are approved for two more buildings with 7 units total. See development plan approved for 16 total units. Seller/builder will complete remaining units as part of a separate agreement if desired. Seller will remain as property manager for as long as needed.
These are single family attached dwellings - all units separately deeded. Buyer could create HOA and resale individually if desired. Seller will carry up to 10% if needed.