Successful Exit: 2066 Chester Rd (9 units)
Deal Overview
This 9-unit, Class A, apartment complex is broken down as: (7) 2BR/1.5BA and one (2) 1BR/1BA. Situated on a sizable plot of land, the property features nine units under a new roof, with designated parking spots and laundry facilities for each tenant. Located on a serene street across from Freedom High School, with nearby police stations and churches, the property is fully occupied by dependable tenants. Various units have received upgrades, including new kitchens, cabinets, stainless steel appliances, bathrooms, vanities, showers, bedrooms, paint, water heaters, and electrical systems.
Date Sold: 09/27/2024
Date Acquired: 02/29/2024
Profit Percentage: 15.8%
Holding Period in Days: 211
Interested in co-owning this property with us? Schedule a 1:1 call with us to learn more.
