bedrooms
0
bathrooms
0
square feet
10,816
Acreage
0.62
Open Houses
-
year built
1986
Full Baths
0
Half Baths
0
28-Unit Efficiency Apartment Complex. Turnkey investment with upside potential. 8% Cap Rate. Located in the steadily growing community of Garden City, this fully operational 28-unit multifamily property offers strong rental demand and stable income. Originally built in 1986 and renovated in 2019, the complex includes: 25 studio units, 1 large studio, 1 one-bedroom unit, 1 three-bedroom unit. Each unit is equipped with a gas range and refrigerator, with most featuring a dishwasher. Tenants enjoy the comfort of PTAC heating/cooling systems, and the property is secured with surveillance cameras and a fire sprinkler system throughout. Low vacancy rate in a high-demand rental market. Owner-paid utilities. Onsite laundry and mail delivery. Whether you're expanding your portfolio or diving into multifamily real estate, this cash-flowing property is ready to go!
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Open houses
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MLS number: 13902
Listing agent:
Jessica Willimon
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Listing broker:
Nexthome, Inc
Copyright © 2025 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Tuesday, April 22 2025 at 6:49 p.m. EDT
Kotohomes National