Investment Overview
Single story apartment building with adjacent house. All leased spaces.
Investment Highlights
- This property is in receivership and will require court approval of the Purchase Agreement.
- 11-unit studio asset with motel-style configuration
- All units are studios, offering efficient turnover and broad tenant appeal
- Value-add investment opportunity through operational improvements or repositioning
- Attractive for investors seeking alternative multifamily or hospitality crossover assets
- Opportunity to increase revenue through rent optimization and management efficiencies
- Diversified income stream across 11 individually rentable units