2801 E Harry St
Property Description
Welcome to Meadowlark Apartments-an exceptional investment opportunity featuring 32 buildings with 128-units (including an on-site office & shop). The community offers a balanced mix of 64 townhomes and 64 flats. The townhomes feature 2 bedrooms, 1 bathroom, and 950 sq. ft., currently renting for $900. The flats also offer 2 bedrooms and 1 bathroom with 850 sq. ft., renting for $800. Significant improvements have been made throughout the property, including new roofs installed in 2021, SCKEDD weatherization completed in 2023, and central heat & air systems-45% of which have been replaced since 2021. All buildings are separately deeded and metered and offer in-unit washer and dryer hookups. Additionally, 91% of the units have been fully remodeled with updates such as fresh paint, new flooring, upgraded tile, countertops, appliances, and more. See Offering Memorandum for additional financials and information.
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $8,500,000 |
| No. of Units: | 128 |
| Year Built: | 1949 |
| Lot Size: | 107,200.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $66,406 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-SCKMLSKS-667256
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