Turnkey Stabilized Performing Multifamily Property Downtown

Highlights

• 100% Occupied
• Fully Remodeled
• Modern Finishes
• Gated Courtyard
• Furnished Units
• Onsite Laundry

Description

The Ogden Executive is a modern boutique fully renovated 100% occupied apartment complex one block north of Fremont St & 1 block away form the future Amazon/Zappo's campus. The Ogden Executive has been renovated inside and out during 2018 and offers modern well appointed finishes throughout.

Tenants at the Ogden Executive can choose between furnished or unfurnished units to accommodate their needs. Unit rents at the Ogden Executive range from $850-$1,100 with power, water, sewer, trash and wifi included with rent . Renovations completed allow for operating expenses to be minimized and new ownership the comfort of a well placed long term investment .

The Ogden Executive has enjoyed a historic occupancy rate of 98% and the property is currently 100% leased. The Ogden Executive is the ideal asset to protect your wealth from inflation. Don't miss out on the opportunity to own you slice of one of Americas hottest rental markets. Current C-2 Zoning will allow for short term rental giving this property an even higher ROI depending on the repositioning new ownership may consider implementing.

To obtain further details about this investment opportunity such as sales comps, rent comps and area demographic data please download the offering memorandum or sales brochure. To discuss making an offer to purchase this asset please contact Paul Macaluso directly.

Ogden Executive is located in the downtown redevelopment zone on Ogden Ave & 9th St. The subject property is foot steps away from all of the excitement of Fremont St. Amazon/Zappo's future campus is 1 block north of the Ogden Executives offering potential housing opportunities to the future campus employment pool.

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