Listing Summary
Avison Young is pleased to present the opportunity to acquire Timber Ridge Apartments. This is an excellent opportunity for an investor to increase occupancy and take advantage of the housing demand for multi-family units in this marketplace.
Full Description
Avison Young is pleased to present the opportunity to acquire Timber Ridge Apartments. The multi-family complex has 144, two (2) bed, one (1) bath apartments that can suit a wide variety of necessities. In addition, the property features ample parking allowing easy access for all residents. Lender Foreclosure - potential investors should be aware the Lender acquired the property via a foreclosure. As a result, property is being sold in “As-Is” condition with no representations and warranties. During their short term of ownership, the Lender has started making units in rent-ready condition and leasing the units. This is an excellent opportunity for an investor to increase occupancy and take advantage of the housing demand for multi-family units in this marketplace.
Quick Glance
- Listing ID:
CL-Missouri-12673
- Status:
Active
- Year Build:
1968
- Building Size:
131,290 SqFt
- Lot Size:
131,290.00 Acre