Value-Add opportunity - Nearly half of the units have been partially/fully renovated. New owner can finish the renovation process & boost rents to market.
Attractive Loan Assumption - Investors may assume the loan at a sub 5% interest rate. This provides a much more desirable rate than what banks are currently offering in the market.
Newer Built Product - The property was built in the late 80's making it slightly newer in comparison to some of the other nearby properties. A selection of the nearby complexes were built in the '70's.
Link to Harbert MultiFamily Advisors website to sign the Confidentiality Agreement for more information. https://harbertmultifamily.com/listing/pearl-at-sun-valley/
Kitchen: large countertop space, walk-in kitchen, dishwasher, fridge, stove included.
Bathroom; all new low/flow elongated toilets, new shower heads, aerators, 4 piece bathroom accessory kits.
Apartments also include: walk-in closets, washer, dryer hookups in unit, large spacious floor plans, private patio's with additional storage room on exterior, dining room area.
Community Amenities: On-site groundskeeper, security cameras, solar lights on building exteriors.