Property Details
Fully Occupied 8 Unit, Two Story Brick Multifamily Property Offering Strong In Place Income And Immediate Upside. All Units Are 2 Bed, 1 Bath. Five Units Have Been Renovated And Are Achieving Premium Rents, With Three Remaining Units Providing A Clear Value Add Opportunity Through Updates. Property Has Demonstrated Rental Growth With Continued Demand In The Area And Consistent Occupancy. DOR Approved For Condo Conversion, Creating Flexibility For A Future Exit Strategy Or Phased Sell Off. Located Less Than One Mile From A Major Regional Hospital Development, Supporting Long Term Rental Demand. Part Of A Three Building Portfolio At 420 Lordwith Drive, Available Individually Or As A Portfolio Acquisition. Opportunity For Both Cash Flow And Appreciation.
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