A PORTFOLIO OF 8 CONTIGUOUS APARTMENT BUILDINGS IN HIGHLY SOUGHT AFTER LAKE RIDGE SUBMARKET. WELL MAINTAINED/NO DEFERRED MAINTENANCE, OWNERSHIP RE-POSITIONED THE ASSET ENABLING NEW OWNER TO COLLECT & MARK UP RENTS WHILE WAITING FOR DEVELOPMENT TO ENGULF AREA. AN INCREASED ZONING DENSITY, WOULD EXPONENTIALLY INCREASE LAND' S DEVELOPMENT VALUE. THE EXISTING 71 UNIT COMPLEX IS AN EXTREMELY WELL MANAGED TURN-KEY INVESTMENT OPPORTUNITY ON ~2.3 ACRES OF ASSEMBLED CONTIGUOUS LAND. A VERY DIVERSE UNIT MIX.
