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The property features a well-balanced unit mix consisting of twenty-eight (28) studio apartments and twelve (12) one-bedroom/one-bathroom units. The majority of apartments offer upgraded interiors complemented by vintage character, with finishes that include granite or quartz countertops, raised-panel cabinetry, and hardwood or vinyl flooring. Common area amenities include a secured building entrance, an on-site laundry facility, and a dedicated mail and package room. Current in-place rents are approximately 15% below market compared to nearby properties with similar finishes, presenting an opportunity for new ownership to implement a more proactive management strategy and capture meaningful rental upside.
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