15-unit apartment,5.2% Cap Rate,3 buildings,one built in 1993 and 2 in 2003.Additional upside in rents and other income,spacious two and three-bedroom apartment homes averaging over 1,300, pickleball court and an abundance of parking totaling 37 total spaces including 18 garage spaces,washer & dryer in every unit,significant value-add opportunities remain by upgrading interior finishes, 5,300 new jobs estimated in 2020.The city’s rental rates have grown more than 29% in the last five years.
Current Location
