Income-Generating 8-Unit Apartment Complex on Prime 0.66-Acre Lo
Income-Generating 8-Unit Apartment Complex on Prime 0.66-Acre Lot Discover a fantastic investment opportunity with this well-maintained 8-unit apartment complex, strategically located just off Highway 9. Situated on a generous 0.66-acre lot, this property features two brick structures, offering a total of 8 rental units. Property Highlights: Prime Location: Conveniently positioned just off Highway 9, providing easy access to major routes and local amenities. Spacious Lot: The property spans 0.66 acres, allowing ample space for tenant parking and outdoor activities. Two Brick Structures: Main Complex: 6 well-maintained units Secondary Complex: 2 additional units Recent Upgrades: Both buildings feature recently replaced roofs, ensuring durability and low maintenance. Parking Facilities: Includes a large carport with multiple parking stalls and tenant-reserved spaces, enhancing convenience for residents. Income Generation: Currently generating steady rental income, with tenants responsible for electric bills while the landlord covers water, trash service, and lawn care. Climate Control: Each unit is equipped with wall-mounted AC units and baseboard heating for year-round comfort. Shared Amenities: A coin-operated laundry room is available for tenant use, featuring a washer and dryer. Maintenance: Low-maintenance property with recent roof replacements and ongoing landlord-provided services. Additional Information: Floodplain: Please note that the property is located within a floodplain. This apartment complex offers a solid investment with stable income potential and essential amenities for tenant satisfaction. Don't miss out on this exceptional opportunity-contact us today for more details or to schedule a viewing!
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