2804 E 9th Ave.
- 46-Unit Multifamily Property
- Original building constructed in 1972 and renovated in 2014. Newer building constructed in 2015
- Spacious units with high-end finishes
- Tenant pays gas and electric. Landlord pays trash and water
- NOI (Proforma): $300,833
- Cap Rate: 7.92%
- Sale Price: $3,800,000
Property Description
Woodland Apartments offers 46 two and three-bedroom units. The original building was renovated in 2014 and the new building was constructed in 2015. The property has spacious units with high-end finishes, washer & dryer hook-ups, and all stainless-steel appliances. Woodland Apartments is located on the east side of Winfield along Hwy. 160 (9th Ave.)
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $3,800,000 |
| No. of Units: | 46 |
| Opportunity Zone: | No |
| Price per unit: | $82,609 |
| Property Website | Click Here |
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