Property Detail

Description

We are pleased to present an exceptional value-add opportunity located at 1350 S. Burlington Avenue. This 1950 asset is already performing at an 10.80 GRM and 5.53% CAP, with a clear path to a 7.44 GRM and 9.57% CAP a rare upside spread in this submarket. The property benefits from major roof repairs, mostly copper plumbing, and six on-site parking spaces. This is an ideal play for investors seeking meaningful rent upside, solid in-place numbers, and a straightforward value-add opportunity in a high-demand rental corridor.