8-Unit Multifamily in Radcliffe (7% Cap)

Well-maintained 8-unit multifamily property offering immediate cash flow (7% CAP Rate) with value-add upside. The asset has undergone extensive renovations in 2022, including a new roof, windows and doors, HVAC units, water heaters, flooring, paint, appliances, and fully updated kitchens and bathrooms, minimizing near-term capital expenditures.

The property includes an unfinished basement with the potential to add two efficiency units, along with space for tenant storage units and a common laundry area, subject to buyer due diligence and approvals. This provides a clear opportunity to increase NOI beyond current operations.

The property is well-suited for a buy-and-hold investor or 1031 exchange buyer seeking a renovated, stabilized multifamily asset with future upside.