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VALUE ADD OPPORTUNITY

Centrally located off of E. Empire and Gettysburg Drive on a quiet cul-de-sac, this 12-unit multi-family property offers a compelling value-add opportunity. The units are all in various stages of renovation, from gutted to nearly complete. 

Current rents for the occupied units are below market rate, presenting a clear path to increase revenue by completing renovations and setting rents to align with market standards. 

With just 3 tenants in place, a new owner faces minimal tenant turnover challenges and can strategically establish rental rates to achieve their desired returns.  A couple of units are nearly rent ready.  

• Tenant’s Pay Electric, separately metered to spaces
• Central A/C
• Air handling units in each unit
• Gas Stoves