Description
Beautifully renovated and cash-flowing multi-family building in Litchfield! On-site caretaker, local management and leasing, major capital improvements, recent renovations, and diverse unit mix make this the perfect hands-off investment opportunity. Comprised of two buildings, all 31 units at Lake Ripley Apartments are occupied by grade "A" tenants. Current owners have completed major renovations including, but not limited to: in-unit rehabs including flooring, fixtures, appliances, kitchens, and bathrooms; exterior rehab including full exterior paint, landscaping, and signage; capital expenditures including a new security system with online integration, new common areas with washers, dryers, and coin machines, sump pump, radon mitigation, and full electrical updates.
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0BEDS
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2.33ACRES
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0BATHS
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01/2 BATHS
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14,123SQFT
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$138$/SQFT
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Listing courtesy of Lakes Sotheby's International Realty.Description
Beautifully renovated and cash-flowing multi-family building in Litchfield! On-site caretaker, local management and leasing, major capital improvements, recent renovations, and diverse unit mix make this the perfect hands-off investment opportunity. Comprised of two buildings, all 31 units at Lake Ripley Apartments are occupied by grade "A" tenants. Current owners have completed major renovations including, but not limited to: in-unit rehabs including flooring, fixtures, appliances, kitchens, and bathrooms; exterior rehab including full exterior paint, landscaping, and signage; capital expenditures including a new security system with online integration, new common areas with washers, dryers, and coin machines, sump pump, radon mitigation, and full electrical updates.
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