Amazing 20 unit apartment complex investment opportunity that has gone complete remodel in 2018! Recent property improvements including new roof, HVAC, stucco repair and new paint, new carpet and vinyl flooring, and many other updates. The property is currently leased ''introductory'' lease rates averaging $707. Market lease rates for the trade area are estimated to be approximately $850 per month, giving the new owner of this property significant potential upside. New owner also has an opportunity to remodel 7 interior units to maximize their returns. There is also 0.7117 Acre of land available for sale zoned R-ML to develop additional multifamily units. Hurry and take advantage of this fast developing trade area!
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Listing information last updated on August 23rd, 2019 at 12:11pm MDT.