We are presenting a unique acquisition opportunity that combines real estate fundamentals with immediate income stabilization and long-term upside.
This 33-unit multifamily project with 10 underground parking spaces, currently approximately 75% complete, is being repositioned to include a nonprofit anchor tenant upon delivery—significantly reducing lease-up risk in a soft market (optional).
Key Investment Highlights
• Asking Price: $8,500,000
• Estimated Completion Cost: $3,000,000
• Total Units: 32 plus 1 commercial space (2500 sf)
• Status: Vertical construction substantially completed
• Market Advantage: Pre-identified nonprofit tenant at stabilization
• 5% cap rate once turnkey
What Makes This Opportunity So Attractive-
Immediate Cash Flow Visibility (optional) - The nonprofit tenant is part of a structured, grant-funded housing and workforce development program, creating predictable occupancy and long-term tenancy.
Reduced Lease-Up Risk Instead of competing in a slow conventional lease-up environment, investors benefit from a built-in demand driver tied to programmatic housing.
Strong ESG & Impact Alignment Institutional and private investors increasingly prioritize assets with measurable social impact—this project checks every box:
• Housing stability
• Workforce development
• Education access
• Community revitalization
Optional Long-Term Partnerships Investors may benefit from:
• Master leases
• Program-based rental guarantees
• Public-private partnership exposure
• Favorable positioning for future refinancing or disposition
Attractive Exit Strategy Upon stabilization and proof of income, the asset becomes highly attractive to:
• Impact funds
• Workforce housing investors
• Mission-driven REITs
• Municipal or institutional buyers
This is not just a building—it is a fully activated ecosystem designed to produce both returns and results.