Description
136-unit value add multifamily property in a stable, centrally-located neighborhood. This property needs investors to address windows, HVAC, & interiors which then requires investors to develop a plan for water & electric service to accomdate upgrades to make these apartments marketable. Complex currently at 9% occupancy and those units lease for $0.81 per sf. Average area rents are $1.05 per sf. Full offering memorandum can be seen at tm.barnetthill.com.
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0BEDS
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9.71ACRES
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0BATHS
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01/2 BATHS
School Information
Description
136-unit value add multifamily property in a stable, centrally-located neighborhood. This property needs investors to address windows, HVAC, & interiors which then requires investors to develop a plan for water & electric service to accomdate upgrades to make these apartments marketable. Complex currently at 9% occupancy and those units lease for $0.81 per sf. Average area rents are $1.05 per sf. Full offering memorandum can be seen at tm.barnetthill.com.
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