Significant value-add potential through rental increases and utility reimbursements
Recent capital improvements, including new roofs and unit renovations
Spacious, low-density layout with large unit sizes and open green space
Potential for additional revenue through storage unit development and tenant amenities
Prime location in a high-demand rental market
OVERVIEW
416 Scott Avenue presents a rare opportunity to acquire a well maintained, low-density multifamily asset with oversized units and significant value-add potential. The properties are situated on three separate parcels, providing the opportunity for a buyer to secure residential financing and offers multiple opportunities to increase revenue and maximize returns.