Dun-Bar East
Dun-Bar East | 76 Units
Marketing description
With decades of family ownership and significant under‑utilization, Dun‑Bar East offers a compelling opportunity for a buyer to capture value by filling vacancies and operating the north half of the block as a standalone asset. The property totals 76 units, consisting of five apartment buildings (44 units) and one motel building (32 units), along with a common laundry room and a former bar structure currently used as storage. Despite being in decent condition, the apartments remain largely vacant as the owners have prioritized their restaurant and motel operations on the south half of the block, creating meaningful upside for a new operator to establish an independent complex on the north half of the block.
To review the financials follow this link: https://buildout.com/website/1623552-sale
Investment highlights
- Immediate value-add through vacancy capture and management.
- Less than 10 minutes from upcoming $7B Skybox Data Center development.
- Undersupplied housing submarket expecting high-salary jobs.
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