50 Units
47,739 SF
4.58 acres
Built in 1970
Contact Agents
Property Documents
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Ray Turchi
Senior Managing Director Investments
[email protected]
Senior Managing Director Investments
[email protected]
(407) 557-3847 (office)
(321) 297-6576 (mobile)
David Vaughan
First Vice President Investments
[email protected]
First Vice President Investments
[email protected]
(407) 557-3829 (office)
(407) 718-2874 (mobile)
Rob Wright
Real Estate Investment Advisor
[email protected]
Real Estate Investment Advisor
[email protected]
(407) 557-3800 (office)
(407) 617-4958 (mobile)
Investment Highlights
- 50 Apartment Units Comprised of One, Two, Three, and Four-Bedroom Floor Plans
- Turnkey Property With Multiple Value-Add Opportunities Upon Takeover
- Extensive Renovations Completed Over Last 6 Years, Including New Roofs, Gutters, HVAC, Plumbing, Electrical, Windows, and Interior Unit Renovations
- Extremely Limited Competition for Workforce Housing
Marcus & Millichap Real Estate Investment Services, Inc.
Missouri BOR:
Brad Barham
(314) 889-2500
Lic. # 2013016939
Key Metrics
Cap Rate Current Year:
8.25%
GRM:
6.00
Price/ Unit
$36,960
Price/ SF
$38.71
Listing Agents: