Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
We are pleased to present Clara Street Apartments a 22-unit apartment community covering almost 1 Acre. The property features all large 2-bedroom units with copper plumbing, gas heating, gas cooking, and ceiling fans. Many units have been updated with vinyl wood flooring, quartz countertops, and dual-pane windows. The complex offers a secured parking ratio of over 1.5:1, on-site laundry facilities, and is master-metered for gas, electricity, and water, providing an opportunity to implement RUBS (Ratio Utility Billing System) for additional income. With over a 6% cap rate based on current income, this property presents a strong investment opportunity.
2 months ago | Price changed to $5,790,000 | |
2 months ago | Listing updated with changes from the MLS® | |
5 months ago | Listing first seen on site |
While the properties showcased on this website are real listings, they may not be actively for sale. This website serves as a representative example of our work, and the availability of specific properties can change. Please contact us for the most up-to-date information.
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