BIG Realty
Listed by Big Realty, BIG Realty
$2,400,000
731 N Tower Road
Details
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Square Footage 24,000
Units 20
Cap Rate 8.00%
Year Built 2017
Buildings 9
Acreage 1.390
Parking Spaces 40
Investor's Dream!
Marketing description
Rare opportunity to own a high-income producing 20-unit property located directly on Tower Rd, a main thoroughfare just seconds from Expressway 83. This multifamily asset features exceptional quality construction, modern finishes, ample parking, and strong tenant retention. Currently delivering an 8% cap rate with upside potential to increase income even further. Situated in a highly visible and accessible location near commercial centers, this investment offers long-term growth and stability. Don't miss your chance to own one of the best-built properties in the area! All units are FULLY rented. This property also features a large office, perfect to convert into another rental space or to conduct business out of there.
Listing Contacts
BIG Realty
Listed by Big Realty, BIG Realty
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