Investment Opportunity!
2014 Built, 8-Unit Apartment
 
This 2014 built 8-unit apartment building offers a rare opportunity to own a turn-key investment.
 
There are four spacious three-bedroom suites with one full and one half bath in each plus in-suite laundry, dishwasher and central air conditioning, as well as covered balconies.
 
Four one-bedroom suites each have a three piece bath plus in-suite laundry.
 
Tenants pay heat and power, with no common area to maintain.
 
·        4 - three bedroom units: gas furnaces with central A/C; two electrified paved parking spaces per unit
·        4 - one bedroom units: electric baseboard heating; one electrified paved parking space per unit
·        No common areas plus utilities paid by tenants = low operating expense ratio
·        Professional tenants, zero long term vacancy and virtually no management required
·        ICF basement foundation
·        Double-staggered insulated 2x4 party walls for soundproofing and tenant privacy
 
The multifamily market remains strong, stable, and recession-resistant, with continually increasing rents and excellent long-term returns. This very new building will cash flow well and retain its income producing potential for many years with minimal inputs and low management requirements, while maintaining strong reversionary value on resale.
 
A perfect opportunity for those looking to expand their portfolio or take their first steps into the multifamily market.