The opportunity allows for an investor to purchase a two-story
building made up of 4 units originally constructed in 1964,
consisting of 2 two bedrooms/two bathrooms apartments and 2
one bedroom/one bathroom apartments with large living room
and dining room areas. This is a rare opportunity because it offers larger than average unit
sizes. This is difficult to find in Little River, which will command a
rent premium and longevity with tenants with larger families (one
current tenant has resided here for 12 years and counting).
This building is ideal for an investor looking to create value by
forcing appreciation with modest renovations and thereby
increasing the current rents which are below market.