Property Detail

Description

FOR SALE: 5-Unit Apartment Complex – Prime Investment Opportunity Discover this well-maintained apartment complex, each featuring 2 bedrooms and 2 bathrooms. With consistent occupancy and long-term tenants, this property offers a rare opportunity for investors seeking reliable income and minimal turnover. Property Highlights: Unit Features: Each unit includes a mixture of luxury vinyl flooring, laminate, and some carpet flooring, kitchens with electric stovetop ranges, built-in ovens, and in-unit electric water heaters. Parking: 5 covered carport spaces available onsite. Laundry: Shared coin-operated laundry machines (leased). Upgrades: New electric subpanels installed at each unit in 2025. Management: Professionally managed for the past 10 years, ensuring smooth operations and upkeep. Income: Strong rental history with nearly $10,000 in gross monthly income. This property is a fully electric building with reliable systems, stable tenancy, and strong cash flow—making it an excellent addition to any investment portfolio.