Description
Prominently stretching across 335' of the busy and growing highway 107 frontage (11,200 AADT, '19), this approximately 12,600 SF, 18 door apartment community is ripe with value-add opportunity. For the past several years, both management and residents neglected to care for the building and its systems. Since May of 2021, new ownership and management have had success in improving the property via capital expenditures and tighter collection policies, but the current owner is ready to let another investor take a shot at what could be a quick and lucrative ?x and ?ip opportunity.
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0BEDS
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0.86ACRES
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0BATHS
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01/2 BATHS
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12,600SQFT
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$79$/SQFT
School Information
Description
Prominently stretching across 335' of the busy and growing highway 107 frontage (11,200 AADT, '19), this approximately 12,600 SF, 18 door apartment community is ripe with value-add opportunity. For the past several years, both management and residents neglected to care for the building and its systems. Since May of 2021, new ownership and management have had success in improving the property via capital expenditures and tighter collection policies, but the current owner is ready to let another investor take a shot at what could be a quick and lucrative ?x and ?ip opportunity.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Maggie Harris Team | Keller Williams Realty. Data last updated: 2022-08-07T15:16:40.907.