Listed by Estes Bush Real Estate LLC
$4,300,000
Westwood Apartments
Details
APN 629-5-1
Property Type Multifamily
Sub Type Apartment Building
Units 96
Occupancy 58%
Broker Co-Op Yes
Class C
Year Built 1970
Year Renovated Various
Buildings 8
Stories 2
Acreage 6.620
Zoning Residential
Investment Type Value Add
Value-Add Multifamily Investment
Marketing description
Westwood Apartments are currently 58% occupied; however, owners have spent well
over $1,000,000 in improvements in the past 18 months and the occupancy rate has
been increasing on a monthly basis. Improvements include new perimeter fencing; new
interior flooring; new interior paint; new HVAC units; new hot water heaters; patio wood
fencing and more. A complete list of all improvements and cost are in the following
pages. The is a great opportunity for the next buyer to come in and continue leasing and
finish out the remaining 11 down units. Don't miss out on the potential of this promising
investment opportunity.
Listing Contacts
Listed by Estes Bush Real Estate LLC
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