• 1983-built asset features desirable construction features.
• The asset features 100% two- and three-bedroom spacious roommate-style floor plans (averaging 1,123 SF). Units feature washer/dryer connections, patio or balcony, and wood-burning fireplaces.
• Ownership has installed a few water-saving devices and the assets a potential candidate for Green financing.
• No Section 8 residents
• Market-supported organic rent increase based on rent comp set.
• Four units recently leased at a $100 premium,. This gives a new owner opportunity to continue interior value-add, upgrade amenity package, and push rents.•Residents also enjoy easy access to I-285 (204,000 vehicles per day), which facilitates quick commutes to major metro employers.