Average square foot calculated using Size range provided by listing agent.
Description
A rare opportunity to acquire a well-positioned, income-producing multifamily asset in a high-demand submarket. This 72- unit garden-style apartment complex spans approximately 66, 975 rentable square feet across a 1.84-acre lot, zoned R-3 for multifamily residential use. Constructed in 1972, the property consists of a mix of one-, two-, and three-bedroom units with significant in-place cash flow and demonstrated rental upside. Strategically situated near major economic drivers—including the Amazon Mega Warehouse—The current rent roll generates $133, 838 in monthly income, with pro format market rents reaching $152, 518, and potential Section 8-supported rents as high as $159, 446 per month.Show Description
MLS® NumberA11824351
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1972
Basement
Driveway
Garage Spaces
HeatCentral
A/CCentral Air
Heating Fuel
Extras
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