Property Details
8 Unit, Two Story Brick Multifamily Offering All 2BR/1BA Units, 100% Occupied With An Active Waitlist. Balanced Unit Mix With 4 Renovated And 4 Classic Units Creates A Strong In Place Income Stream With Clear Upside. Classic Units Present A Proven Path To Increased Rents Through Interior Updates, Making This The Most Compelling Value Add Opportunity In The Portfolio. Current Income Supports Immediate Cash Flow, While Future Improvements Allow For Meaningful Growth. Condo Conversion Has Been Approved, Providing Flexibility For A Potential Sell Off Strategy Or Long Term Hold. Located Within A Three Building Offering At 420 Lordwith Drive, Available Individually Or As Part Of The Full Portfolio. Positioned Less Than One Mile From A Major Hospital Development, Supporting Long Term Rental Demand.