We are pleased to present Clara Street Apartments a 13-unit apartment community covering 0.5 Acres. With over a 6% cap rate and under 10 GRM based on current income, this property presents a strong opportunity to achieve an 8% cap rate on market rents. The property features all 2-bedroom and 3-bedroom units with copper plumbing, gas heating, gas cooking, and ceiling fans. Many units have been updated with vinyl wood flooring, quartz countertops, and dual-pane windows. The complex offers a secured parking ratio of over 1.5:1, on-site laundry facilities, and is master-metered for gas, electricity, and water, providing an opportunity to implement RUBS (Ratio Utility Billing System) for additional income.