123 11th Avenue SE
Multifamily | 5 Units | $90,000/unit
Marketing description
Excellent opportunity to own a fully occupied 5-unit multifamily property in a growing area with strong rental demand and long-term upside potential. This income-producing asset has a proven history of full occupancy and consistent cash flow, making it an attractive option for both seasoned investors and those looking to expand their portfolio. With rents continuing to rise in the area, there is additional opportunity for increased returns over time. The property offers a solid investment foundation with stable tenants already in place and immediate income from day one. For developers, this lot is approved to build a 19 unit complex by the city.
Conveniently located near area amenities, employment opportunities, and continued community growth, this is a great chance to secure a turnkey multifamily investment in an expanding market.
Investment highlights
- Excellent opportunity to own a fully occupied 5-unit multifamily property in a growing area with strong rental demand and long-term upside potential
- This income-producing asset has a proven history of full occupancy and consistent cash flow, making it an attractive option for both seasoned investors and those looking to expand their portfolio
- With rents continuing to rise in the area, there is additional opportunity for increased returns over time
- The property offers a solid investment foundation with stable tenants already in place and immediate income from day one
- For developers, this lot is approved to build a 19 unit complex by the city
- Conveniently located near area amenities, employment opportunities, and continued community growth
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