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 a great investment opportunity. Since May of 2021 new ownership and management have had success in improving the property via capital expenditures and tighter collection policies. Several AC units were replaced in the last two years and about half of the units were updated with new fixtures, appliances, and paint. All units are individually metered for water and electricity, leaving the owner's monthly expenses to a minimum.
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0BEDS
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0.83ACRES
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0BATHS
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01/2 BATHS
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12,600SQFT
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$69$/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 a great investment opportunity. Since May of 2021 new ownership and management have had success in improving the property via capital expenditures and tighter collection policies. Several AC units were replaced in the last two years and about half of the units were updated with new fixtures, appliances, and paint. All units are individually metered for water and electricity, leaving the owner's monthly expenses to a minimum.