Description
Turnkey 17-Unit Multifamily Investment | Fully Occupied | Renovated | Ideal for 1031 ExchangeRare opportunity to acquire a fully stabilized 17-unit multifamily asset consisting of four buildings. The property is 100% occupied and producing consistent rental income, making it an excellent option for investors seeking a stable, income-producing property or a potential replacement asset for a 1031 exchange.With extensive renovations already completed and professional management in place, this property offers a low-maintenance investment with immediate cash flow and long-term hold potential.Property HighlightsUnit Mix(8) Two-Bedroom Units(8) One-Bedroom Units(1) Four-Bedroom Single-Family HomeStabilized IncomeAll units are fully leased with strong occupancy, providing dependable rental income from day one.Major Capital Improvements CompletedExtensive upgrades throughout the property include:New metal roofs on all buildings with a 30-year warrantyModernized interiors with LED recessed lighting, waterproof laminate flooring, updated trim, and redesigned kitchensUpdated kitchens featuring premium cabinetry, countertops, and select stainless-steel appliancesNew septic system installedImproved landscaping and paved parking lotInvestor AdvantagesLead-free certificationProfessionally managed for a smooth ownership transitionSignificant capital improvements already completedLocated in the county with no city taxesPositioned in a quiet county setting with convenient access to regional amenities and commuter routes, the property continues to support strong tenant demand and long-term occupancy.This fully occupied, stabilized multifamily asset is well-suited for investors seeking reliable income, portfolio growth, or a potential 1031 exchange replacement property.
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Description
Turnkey 17-Unit Multifamily Investment | Fully Occupied | Renovated | Ideal for 1031 ExchangeRare opportunity to acquire a fully stabilized 17-unit multifamily asset consisting of four buildings. The property is 100% occupied and producing consistent rental income, making it an excellent option for investors seeking a stable, income-producing property or a potential replacement asset for a 1031 exchange.With extensive renovations already completed and professional management in place, this property offers a low-maintenance investment with immediate cash flow and long-term hold potential.Property HighlightsUnit Mix(8) Two-Bedroom Units(8) One-Bedroom Units(1) Four-Bedroom Single-Family HomeStabilized IncomeAll units are fully leased with strong occupancy, providing dependable rental income from day one.Major Capital Improvements CompletedExtensive upgrades throughout the property include:New metal roofs on all buildings with a 30-year warrantyModernized interiors with LED recessed lighting, waterproof laminate flooring, updated trim, and redesigned kitchensUpdated kitchens featuring premium cabinetry, countertops, and select stainless-steel appliancesNew septic system installedImproved landscaping and paved parking lotInvestor AdvantagesLead-free certificationProfessionally managed for a smooth ownership transitionSignificant capital improvements already completedLocated in the county with no city taxesPositioned in a quiet county setting with convenient access to regional amenities and commuter routes, the property continues to support strong tenant demand and long-term occupancy.This fully occupied, stabilized multifamily asset is well-suited for investors seeking reliable income, portfolio growth, or a potential 1031 exchange replacement property.
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