Description
THIS OFFERING is for the opportunity to acquire the Cardinal Manor Apartments, a 20-unit apartment complex consisting of two freestanding buildings sharing a common courtyard. Centrally located within a mixed-use neighborhood consisting mostly of other multi-family properties, medical buildings and professional office buildings, the complex consists of five 2 bedroom/1 bath units, one 2 bedroom/2 bath units and fourteen 1 bedroom/1 bath units.Some simple administrative upside opportunity exists by way of increasing rents within some of the rental agreements that are currently below market.
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0BEDS
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0.31ACRES
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0BATHS
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01/2 BATHS
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13,460SQFT
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$178$/SQFT
School Ratings & Info
Description
THIS OFFERING is for the opportunity to acquire the Cardinal Manor Apartments, a 20-unit apartment complex consisting of two freestanding buildings sharing a common courtyard. Centrally located within a mixed-use neighborhood consisting mostly of other multi-family properties, medical buildings and professional office buildings, the complex consists of five 2 bedroom/1 bath units, one 2 bedroom/2 bath units and fourteen 1 bedroom/1 bath units.Some simple administrative upside opportunity exists by way of increasing rents within some of the rental agreements that are currently below market.
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