Fully remodeled four-story 61-unit apartment building. 9 units currently being used as Airbnb rentals and come fully furnished. Secure keypad access to building. 32 camera security system. Gated with parking available in adjacent lot for $75/Month. Fully approved for condominiums. The property is located in the South End Tract 25 Qualified Opportunity Zone, with close proximity to the Capitol, I-787 and AMTRAK. Opportunity Zones provide a tax incentive for investors to re-invest their unrealized capital gains into dedicated Opportunity Funds. Offered at a 6.5% cap rate.
|Property Name:||Schuyler Apartments|
|Building Size:||77,038 ±SF|