NW Timothy 26 Unit Multi-Family Sale

This one of kind real estate portfolio is now available. This offering is being sold as a package of four properties, all of which are located adjacent to one another. There are 26 total units, each being a 2 bed & 1 bath. 1250 NW State is on the corner of Timothy St and State St and is a 6 plex built in 1971 featuring 5616 sq ft with each unit having 2 beds & 1 baths, electric heat & access to 1 on site-laundry room, & covered parking. Adjacent is 237 NW Timothy which is a 12-plex built in 1971 featuring 11,232 sq ft with each unit having 2 beds & 1 bath, electric heat, access to 2 on site laundry rooms, patios & decks, & covered parking. Adjacent is 229 NW Timothy which is a 4 plex built in 1970 featuring 3360 sq ft with each unit having 2 beds & 1 bath, electric heat, hook ups for laundry in each unit & covered parking. Adjacent is 225 NW Timothy which is a 4 plex built in 1970 featuring 3360 sq ft with each unit having 2 beds & 1 bath, electric heat, hook ups for laundry in each unit & covered parking. This portfolio will not be sold separately, it will be sold as a package. Each property is on a separate legal description. Interior photos are of a representative unit. Recent capital improvements include new flooring & appliances in many of the units, a new roof and new water line for 237 NW Timothy. Gross income for 2023 is $246,492.98. Current rents is 860 per unit. There are no vacancies. Reach out for more information on this investment opportunity.