Investment Overview
Renovated 12 units ( 8plex and 4plex) just south of 18th and vine on a great block with lots of redevelopment happening in the area. Spacious two bedroom units with in unit washer and dryer. New leases are being signed at $1195. Mitigated CapEx risk with updated mechanicals. In unit Washer and Dryer with Window AC units.
2020-2025 improvements:
- Electrical
- Plumbing
- Cabinets
- Flooring
- Tuckpointing
Investment Highlights
- - Newer M/E/P
- - Roof less than 10 years old
- - Strong lease up velocity @ $1195/mo
- - All Tenant Paid Electric