Description
The Hansen Apartment Group is pleased to present the Arrawanna Street Apartments. The property is a twelve (12) unit apartment building consisting of three (3) buildings with four (4) units in each building. Each building is separately platted, providing an opportunity for an investor to obtain residential financing. The twelve (12) units consist of five (5) two-bedroom units, six (6) one-bedroom units, and a single studio apartment. All units have been well maintained and vacancy is typically low.
Each unit at Arrawanna Street Apartments is separately metered for gas and electric. Rents are currently below market, providing investors an opportunity to immediately increase NOI with new management. Management is currently not charging any RUBS, which would present another opportunity for an investor to increase Revenue.
Location
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX Data is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by RECOLORADO®. Properties displayed may be listed or sold by various participants in the MLS. Updated: 3rd December, 2023 7:48 AM (UTC)
Listing Agent: Zachary Hansen
Listing Office: NorthPeak Commercial Advisors, LLC
Attribution contact: 303-880-7442
