5202 Old Mike Padgett Highway
- City water & Septic
- Individually parceled lots
- Homes are 2024 models on Permanent Foundations
Property Description
7-unit residential portfolio offering diversified income streams and strong operational flexibility. The package includes five Section 8–occupied units, each generating $1,400 per month, two actively operated short-term rental units producing $2,000 per month each. All homes are on permanent foundations situated on individually parceled lots, allowing for future individual home sales or portfolio repositioning. The portfolio may be acquired as a package or split into smaller groupings. Email for pricing guidance on individual assets or partial portfolio acquisitions.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,330,000 |
| No. of Units: | 7 |
| Lot Size: | 8.75 Acres |
| Opportunity Zone: | No |
| Price per unit: | $190,000 |
| Property Website | Click Here |
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