This 16 unit property consists of large, one bedroom units with off-street parking and a laundry facility onsite. The property is operated well by Princeton Property Management, and has a strong occupancy history for many years.
Each unit has a large one bedroom and bathroom area, plus a spacious kitchen in living room area. Units feature dishwashers, relatively new appliances and look great!
Plus, the financials can’t be beat in this hot market: 7.38% cap rate on actual, in place rents.
*Thanks to Stephen Zimmerman for the great photos!