This 16-unit multifamily property, built in 2005, consists entirely of 2 bed / 1 bath units. Tenants are responsible for their own water and electric, with utilities individually metered.

Since purchasing the property, the owner has invested over $100,000 in improvements, including new flooring, interior paint, appliances, HVAC systems, decks, a fully renovated parking lot, and exterior fencing. Despite these upgrades, rents remain up to $250 below market value, with comparable properties in the area leasing for $1,100 per unit, offering a strong value-add opportunity for an investor looking to optimize performance.