SVN | Second Story is pleased to introduce this prime Investment opportunity at Riverstone Apartments, located in the vibrant East Ridge area. Boasting 8 units, this property offers an attractive unit mix of spacious 2-bedroom units. 5 out of the 8 have been fully renovated, achieving top of market rents. Each unit is thoughtfully designed to provide both functionality and comfort, ensuring a desirable living experience for tenants. The units have been updated with modern finishes, including LVP flooring, fresh paint, new kitchen cabinets, stainless steel appliances, LED bath mirrors, and renewed wood balconies, enhancing appeal to potential tenants. With its convenient access to amenities and transportation, this property is primed to attract tenants looking for convenience and connectivity. The property provides ample parking, grill/picnic area, close proximity to Downtown and Hamilton Place, and remaining upside for the new owner. This is a great opportunity for investors seeking a renovated, low maintenance building that attracts reliable, long-term tenants seeking the best, affordable place to live.
This apartment building is not just a property; it’s a gateway to a lucrative investment in a promising location. Don’t miss your chance to add this gem to your portfolio!