Discover a rare and unique investment opportunity with these newly constructed townhouse properties. Own 21 units at Meridian Park. Gross Rents - $613,800, Costs- $141,692, $NOI - $472,108, Cap Rate - 5.5%. 9 units complete, 4 are under construction and addtl 8 will be complete by end of year. Super low utility bills due to Energy certifications. Great HOA that maintains landscape, pays for trash and fiber internet. Brand new, no maintenance. Looking for 1031 exchange or just an investment, these sustainable townhomes are the perfect fit.
Floor Plan A - 3 bed, 2.5 bath, 2 car garage, 1512 sq ft
Floor Plan B = 4 bed, 3 bath, 1 car garage, 1724 sq ft
Floor Plan C - 3 bed, 2.5 bath, 1 car garage, 1611 sq ft
Floor Plan D - 3 bed, 2.5 bath, 1 car garage, 1386 sq ft
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Listing Snapshot
Price
$8,543,000
Days On Site
10 Days
Bedrooms
3
Inside Area (SqFt)
32,420 sqft
Total Baths
3
Full Baths
2
Partial Baths
1
Lot Size
N/A
Year Built
2024
MLS® Number
6191551
Status
Active
Property Tax
$37.96
HOA/Condo/Coop Fees
$85 monthly
Sq Ft Source
Builder
Friends & Family
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