Listed by Watts Realty Company
$695,000
7721 1st Avenue North
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,567
Cap Rate 6.26%
Occupancy 62.5%
Tenancy Multi
Year Built 1988
Year Renovated 2024, 2025
Buildings 1
Zoning MU-L
Investment Type Value Add
8 Units | 62.5% Leased | $695,000
Marketing description
Eight-unit, all 3BR/1BA offered as-is at $695,000 ($86,875/unit). Majority of units renovated in 2024-25. Five of eight units currently occupied with three vacant units ready for immediate lease-up
Investment highlights
- Family-friendly floorplans
- Majority of units renovated in 2024-2025
Listing Contacts
Listed by Watts Realty Company
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Zoning
MUL MixedMixed UseMixed Use Low Density
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