912 Benton Blvd

• South side renovations (16 units) will be completed by year-end at an average cost of $47,375 per unit
• North side stairwell fire (09.2023) resulted in significant fire damage to the stairwell and unit entryways (13 units)
• 50/50 mix of near-term stabilization and value-add potential
• High demand for local non-for-profits eager to place tenants on wait list
• In the heart of The Historic Northeast Neighborhood with quick and easy access to major interstates

Property Description

Embark on a unique investment journey with this multifamily opportunity. Half of the property boasts newly renovated units, providing immediate stability, while the other half offers a compelling value-add proposition post stairwell fire. This literally 50/50 blend of stabilized and growth potential awaits, making this investment an ideal mix of immediate returns and future value creation. Seize this chance to diversify your portfolio and capitalize on a strategic balance of stability and upside.