Single-story 10-unit apartment complex located in West Lebanon. Built in 1948, the property offers (3) 2 bed / 1 bath units and (7) 1 bed / 1 bath units. As-is cap rate is 6.87% and 7.88% on highest achieved rents. Two units have been fully renovated, offering immediate rent growth potential as leasing demand remains strong. The property features a central courtyard, off-street parking, and onsite laundry — appealing amenities in a quiet, residential neighborhood.
7th St S
Dwelling Type: MultiFamily
Subdivision:
Year Built: 1948, County: US
7th St S
Listing is courtesy of SMI Commercial Real Estate LLC