Courtesy of: Elle Mcghee, HomeSmart, ellemcghee123@gmail.com
Courtesy of: Elle Mcghee, HomeSmart, ellemcghee123@gmail.com
$980,000
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Lot: 0.52 Acres
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Other
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$980,000
614 Elberta Street New Year. New Investment. Brand-New 6-Unit Multifamily Opportunity. Welcome to 614 Elberta Street, a turnkey new construction 6-unit multifamily asset built for today's high-demand rental market. This modern property features six spacious units, each offering 3 bedrooms and 3 bathrooms, for a total of 18 bedrooms and 18 bathrooms-an ideal unit mix for strong rental performance and long-term stability. Each unit is finished with high-end, contemporary features, including granite countertops, luxury vinyl plank flooring, stainless steel appliances, and energy-efficient systems designed to reduce operating costs while maximizing tenant satisfaction. Financial Highlights (Student Housing Model) Estimated Monthly Gross Income: $12, 600 Estimated Annual Gross Income: $151, 200 100% occupancy with 12-month leases in place Professional management available with strong tenant retention Prime Location Situated in a strong rental corridor with quick access to schools, shopping, and public transportation, this area benefits from consistent demand, solid tenant demographics, and long-term appreciation-making it ideal for stable multifamily performance. Investor Advantages Brand-new construction - no rehab, no deferred maintenance Immediate income potential High-demand unit configuration Minimal hands-on management Financing & Terms DSCR or Conventional financing only Buyer must be pre-approved Why This Asset Stands Out Whether you're seeking a fully stabilized, cash-flowing student housing investment or a discounted opportunity to customize your leasing strategy, 614 Elberta Street offers flexibility, strong returns, and long-term value. Serious investors only. Contact us today for full details or to schedule a private showing today!
Courtesy of: Elle Mcghee, HomeSmart, ellemcghee123@gmail.com
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