Description
Prime Investment Opportunity 21-Unit Apartment Complex. Don't miss this exceptional opportunity to acquire a fully stabilized 21-unit apartment complex generating strong cash flow in a high-demand rental area. This property features 21 dedicated parking spaces, ensuring convenience for all tenants. With 100% occupancy, consistent rental performance, and annual gross rental income of $221,040, this asset delivers a solid 7% cap rate based on current operations. The property is professionally managed, well-maintained, and ideally suited for investors seeking a turn-key asset with immediate income and long-term upside potential. Whether expanding your portfolio or entering the multifamily market, this 21-unit complex offers the location, stability, and return savvy investors demand.
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37BEDS
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0.53ACRES
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0BATHS
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01/2 BATHS
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7,920SQFT
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$341$/SQFT
School Ratings & Info
Description
Prime Investment Opportunity 21-Unit Apartment Complex. Don't miss this exceptional opportunity to acquire a fully stabilized 21-unit apartment complex generating strong cash flow in a high-demand rental area. This property features 21 dedicated parking spaces, ensuring convenience for all tenants. With 100% occupancy, consistent rental performance, and annual gross rental income of $221,040, this asset delivers a solid 7% cap rate based on current operations. The property is professionally managed, well-maintained, and ideally suited for investors seeking a turn-key asset with immediate income and long-term upside potential. Whether expanding your portfolio or entering the multifamily market, this 21-unit complex offers the location, stability, and return savvy investors demand.
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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or DMA Real Estate.
Data last updated: 2025-12-10T09:40:30.4.
Listing courtesy of American Group Realtors: 760-768-8808.