Meticulously maintained 240 unit, 2008 construction complex offered below replacement cost in the fast-growing Wildwood submarket of NE Columbia |
Day one opportunity to raise rents on average $150/unit without any systematic upgrades to bring property in-line with the market. |
With only 2 owners since construction, the property is a blank canvas for a value-add investor, with all original fixtures and finishes in all units |
Affluent submarket with a new Publix Shopping Center being constructed less than a mile away and the average area median income of $100,000+. |
Current ownership is a non-profit foundation and is not currently taxed. Certain household limits apply to a percentage of current residents |