SABRE Group | Multifamily Advisors is pleased to present the opportunity to acquire Fairfield Square at 2080 & 2090 Woodtail Drive. In this offering memorandum, you will find all available information to help you make an informed investment decision.
Fairfield Square offers newly renovated 2-bedroom apartments and townhomes featuring in-unit laundry, gourmet kitchens with stainless steel appliances, granite countertops, contemporary lighting, luxury vinyl plank flooring, and ample closet space. The 12 townhome units have decks and basements, providing 3 floors and over 1,500 SF of total living space.
While the heavy lifting is mostly complete, this asset offers the incoming owner the ability to gradually renovate the remaining units to maximize rent potential. There are 4 units that have not been renovated and 6 partially renovated units which all have additional rent increase potential.
Ideally located near great schools, shopping, and entertainment, Fairfield Square Apartments offers the perfect blend of comfort and convenience.
A key consideration with this asset is the tax rate. With half of the units taxed under land use code 510 R in Butler County, the property tax rate of 1.32% is less than half of the rate in neighboring Hamilton County. Additionally, this land use provides flexibility in exit strategies if selling as condos becomes advantageous.