OUTSTANDING RARE OPPORTUNITY IN HOLLY HILLS!!! Here's your chance to own a fantastic 17-unit apartment complex that includes three large basements and a detached four car garage. This building has a perfect location as it is directly across the street from St. Stephen’s School and just a couple of blocks from beautiful Carondelet park! Tenants love the stunningly renovated units that are bright and roomy with hardwood floors throughout. With long term, qualified tenants, strong leases in place and only four units remaining to renovate, this is truly a turn-key opportunity. Great for someone looking for a low maintenance, turn-key investment that should yield an 8% cap rate. While 13 of the 17 apartments have had substantial renovations in 2018 and 2019, one more is currently under renovation and can be completed prior to closing. Buyer to purchase property "as-is".
Listing courtesy of Lauralei Properties, LLC.
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