This well-maintained multifamily asset comprises a 28,500 SF, 30-unit lowrise/garden-style building offering scale, stability, and modernized appeal. Originally constructed in 1975, the property has been thoughtfully renovated in 2024, positioning it as a turnkey investment with refreshed systems and finishes designed to meet today’s renter expectations while preserving durable construction fundamentals.
The recent renovations enhance both operational efficiency and tenant appeal, allowing an investor to step into an asset that requires minimal near-term capital expenditure. The unit mix and building layout support efficient management and consistent leasing demand, while the property’s fully stabilized status underscores its proven performance as an income-producing asset.
Currently operating at 100% occupancy, this property delivers immediate cash flow with no lease-up risk. Its size and configuration make it particularly attractive to Multifamily / Low-Rise/Garden investors seeking a stabilized hold with upside potential through continued professional management and long-term rent growth.