Description
Jump into your next development project which is truly shovel ready!
-Incredible Investment Opportunity in a Thriving Locale!
-Projected Gross Rent: $1,012,200 annually
-64-unit property consisting of 1 & 2-bedroom apartments
-Average 1 bed 575 sf and average 2 bed 1100 sf
-40 Parking Spaces with No Low-Income Housing Requirement
-Adaptive Reuse Project with Completed Foundation & Facade
-Comprehensive Documentation: Plans, Permits, Reports, and Surveys Included
This property presents an exceptional investment prospect in a rapidly developing area. With a substantial projected rental income and a high cap rate, investors can expect significant returns. Don't miss out on this lucrative opportunity to capitalize on the growth potential of this dynamic market! This building would make an excellent addition to your portfolio. Contact us today to learn more about this exciting investment opportunity.
Location
Listed By
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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 21st April, 2026 11:54 PM (UTC)
Listing Agent: Richard K Cassell
Listing Office: KW Empower
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