1113 N Bewley Street

Description

Brand new construction brings an exciting investment opportunity! The features and amenities of these five three bedroom, three bath townhome-style homes are very attractive, especially with the modern layouts, spacious rooms, and two-car attached garages plus driveways for 2 additional cars. 1113 Bewley has Units A and B, 2403 approx. sq ft each and 1115 Bewley, units A, B and C 2190 approx. sq. ft. The projected cap rate of 5.1% and low expenses (including solar electricity) suggest strong potential for returns, while the individual utility setup simplifies management and financial tracking. The location is also promising, with amenities like nearby stores, parks, and even a golf course likely to appeal to potential tenants. Plus, being in an up-and-coming neighborhood with newer developments popping up can add to the property's long-term value. With everything being brand new and low maintenance, it should help attract tenants and keep operational costs in check. And having a projected occupancy date of August 1, 2024, offers a clear timeline for potential investors or buyers. A well-thought-out investment opportunity in a desirable location with strong potential for both short-term and long-term returns. Seller financing available with as little as 30% down at 8% interest. .

Listing information courtesy of: Cheryl Coleman, Keller Williams Realty . *Based on information from the Association of REALTORS/Multiple Listing as of 09/20/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.