3 Acres
Other
$3,499,000
This 20-unit townhouse-style complex is spread over 2.9 acres with strong income and significant upside. Current NOI exceeds $164K with multiple units recently turned and leased at $1,400$1,500/month. Older units still average under $800/month, providing substantial mark-to-market potential. Tenants pay their own hydro and the site includes income from storage rentals. Ideal for long-term investors seeking scale, low turnover, and a clear path to increased yield through repositioning. Financials available. Buyer to do own due diligence. (id:61635)
Business
Business Type
|
Residential |
Business Sub Type
|
Apartments |
Property Details
MLS® Number
|
X12105719 |
Property Type
|
Multi-family |
Building
Heating Type
|
Other |
Size Interior
|
3 Acres |
Type
|
Multi-family |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Depth
|
395 Ft |
Size Frontage
|
197 Ft |
Size Irregular
|
197 X 395 Ft |
Size Total Text
|
197 X 395 Ft |
Zoning Description
|
Res |