27-unit Springfield Multifamily Opportunity
27-unit Springfield Multifamily Opportunity | $20,000/unit
Marketing description
Located in the heart of Downtown Springfield, this three-building multifamily portfolio is positioned for strong rent growth and long-term appreciation. The property includes 6 units in Building 606, 6 units in Building 610, and 15 units in Building 614.
This is an ideal opportunity for an experienced investor or developer looking for a value-add multifamily project with great upside potential. Based on comparable properties and management data in the area, renovated units could achieve rents between $750 and $900 per month. This portfolio is being offered as-is. Bring your vision and unlock the potential this property has to offer!
Investment highlights
Three-building portfolio totaling 27 units
Downtown Springfield location – close to amenities, jobs, and transit
Value-add opportunity being offered as-is
All units need renovation
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