39-Building Duplex Portfolio + 8 Acres Offered Below Replacement Cost
Remigio Duplex Portfolio — 39 Buildings + 8 Acres
This is a truly exceptional and increasingly rare opportunity to acquire scale, value-add upside, and expansion potential in one consolidated investment. The Remigio Duplex Portfolio consists of 39 buildings — including 37 duplexes, a single-family residence, and a centralized office — plus an additional 8 acres of land, all offered at a compelling $6.5M entry point well below replacement cost.
The unit mix provides substantial scale and flexibility: 7 one-bedroom/one-bath duplexes (~1,300 SF), 44 two-bedroom/one-bath duplexes (~1,700 SF), 18 three-bedroom/one-bath units (~2,000 SF), and 6 four-bedroom/two-bath duplexes, in addition to a small one-bedroom/one-bath home (~675 SF) and a freestanding office building with parking and a fenced playground. This diverse layout supports broad tenant demand and multiple leasing strategies. (Square footage listed is approximate.)
With affordable housing demand at record levels and limited supply across the market, this portfolio is uniquely positioned for rapid repositioning and strong absorption following targeted renovations. Improvements are primarily cosmetic and functional, creating a clear pathway for investors to unlock significant rental growth, increase asset valuation, and achieve long-term cash flow.
Beyond the existing income potential, the included 8-acre parcel offers rare expansion or resale options. At the same time, the on-site office creates opportunities for ancillary revenue streams — such as childcare or laundry services — that enhance tenant retention and overall yield.
Opportunities of this size, pricing advantage, and upside potential rarely come to market in a single offering. This portfolio presents an opportunity to acquire meaningful scale, capitalize on surging housing demand, and create substantial long-term value through strategic execution.