115-unit value-add multifamily portfolio | 8.05% in-place (T3) cap, 9.41% proforma stabilized
Strong unit mix - 80% of units are 2 beds
Proven rent-up model: 2/3rds of units renovated, 1/3rd remaining for proven upside
Market rent spread of at least $137/unit/month across non-renovated units
High growth submarket - Franklin County: 4% vacancy, 2.2% annual population growth
Dual-asset structure: 89-unit flagship complex and 26-unit garden community
Extremely supply-constrained submarket
Features
105000 sq. ft. floor area
cottageMulti-Family
Happy sellers in Washington
94%
sentiment_very_satisfied
94% of sellers in Washington reported that their sale price either exceeded or met their price expectations.
Washington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 3 reviews in Washington over the last 12 months.
Local market activity for multi families in Washington
Sold
For Sale
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