111-117 Ash Street
Property Description
15 unit investment portfolio consisting of 3 neighboring properties at 111, 115 and 117 Ash Street in Lewiston. The portfolio offers strong in place rents with meaningful additional upside through lease up and stabilization. Located directly across from the Basilica of Saints Peter and Paul and minutes from downtown Lewiston, the properties offer operational efficiencies through their immediate proximity to one another. 7 units are currently vacant as part of the owner's disposition strategy, creating an opportunity for a new owner to immediately increase occupancy and NOI. Portfolio includes a mix of studio, 1 bedroom and 3 bedroom units.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,500,000 |
| No. of Units: | 15 |
| Year Built: | 1891 |
| Lot Size: | 13,794.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $100,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 16 |
ID: 3yd-MREISME-1680498
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