ATTENTION INVESTORS!
1115/1117 and 1121 are being offered together for a total of 10 units. This is a classic, operational value-add opportunity. Immediate upside can be captured simply by leasing up the remaining vacant units. The current owner has already done the heavy lifting—removing problematic tenants and turning all units rent-ready—positioning the next owner to benefit from increased occupancy and stabilized income. Tenants pay for electric heat!
Offered at $58,000 per unit ($580,000 total purchase price), this pair of properties represents a compelling entry point in a strong rental market.
At pro forma, the asset delivers attractive cash flow and significant upside.
Offer consists of two multifamily buildings, an ample paved parking lot, plus a 2-car detached garage.
Listing courtesy of Karen Johanson, Daybreak Property Management, LLC
