PRICE REDUCED $500,000

NOW $18,500,000

168 total units - 60 total acres of land

13 acres of land allocated for the existing property

47 acres of land that is undeveloped, free and clear, & zoned for multifamily

74 one-bedrooms, 69 two-bedrooms, and 25 three-bedrooms

94% occupancy.

12% gap between the average property rents and market comparable rents

5% market Job Growth in Q1 2023 which was

67% higher than the national average

35% higher population growth than the national average.

 If you’re interested in making an offer we would need the buyer package consisting of an LOI, POF, Signed Fee Agreement, and Buyers Bio to submit the offer. Any additional information will be provided in the due diligence period once an offer is accepted

Class: C    Cap Rate - 5.93%

FOR FINANCIALS & MORE INFO CONTACT DOUGLAS PRIME.

MM.