Building Details:
• Year Built: 1960
The property is a 20+ unit complex comprised of furnished efficiency apartments. The primary resident base consists of seasonal tourism employees such as theme park workers, hotel and restaurant employees. The property has continued to operate at 100% occupancy with an ongoing wait list.
At the request of the owner, we have not disclosed the property name and location. Upon receiving an executed confidentiality agreement, we will send the full offering memorandum.
• High occupancy history - 100% with a wait list
• Established, well managed property
• Close to attractions
• 25% Cash-on-Cash Return
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