You have found your next and best investment yet! Townhomes at Hapeville is a 34 unit multifamily community that consists of 10 one bedroom flats and 24 two bedroom, one and a half bath townhome style units. This is a partial value add play since only 18 of the 34 units have been fully renovated. The renovation took place during Q1 & Q2 of 2022, and it consisted of stainless steel appliances, new cabinets, granite countertops, sink replacement in kitchens and baths, mirrors, tubs, toilets, bathroom vanity, LVP hardwood style flooring, carpet for the townhome stairs, interior paint, new water heaters, plumbing and subfloor reinforcements. The exterior renovations include but are not limited to a new roof, fascia-soffit replacement, gutter and awning replacement, exterior paint, perimeter fencing, concrete repairs, driveway seal coating and many more. Cap-ex list is available upon request. Property is currently occupied at 80% due to upgraded units being leased up.
Courtesy of Realty One Group Terminus
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