Discover an outstanding investment opportunity with this well-maintained 40-unit multifamily property, currently 85% occupied with long-term, stable tenants—several of whom have called this community home for over 20 years. Current rents are $695 per unit, with matching deposits, offering consistent and reliable cash flow. The complex features a convenient on-site laundry facility, ample. parking, and excellent tenant relations supported by a dedicated and efficient property management team. Significant improvements have been made, ensuring peace of mind for the next owner: Roofs replaced in 2022, several units have been rented section 8 and passed inspections on the first time. 32 units renovated with new flooring, fresh paint, updated cabinetry, electrical and plumbing upgraded during unit renovations. With strong occupancy, ongoing improvements, and a history of tenant stability, this property presents solid potential for continued growth and returns. Call the listing agent, Brenda Spencer-Ragland, NextHome TCR, today to schedule a tour, request a full rent roll, and explore the income-producing capabilities of this remarkable investment
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
