Courtesy of: James Tiehen, The Tiehen Group, jim@tiehengroup.com
Courtesy of: James Tiehen, The Tiehen Group, jim@tiehengroup.com
$2,150,000
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Lot: 0.74 Acres
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Other
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$2,150,000
NW Brencrest Drive CALL CO-OP FOR MORE INFORMATION Torrey Woods is a 24-unit community consisting of three contiguous properties: 4520-4522, 4524-4526, 4528-4530 NW Brencrest Dr. The current unit mix is 23 – 2x1 and 1 – 1x1. There is a parking easement that allows for tenants to experience one to one off-street parking. Five units have received small upgrades that have resulted in a minimum of a $100 rent premium compared to units with basic finishes. Property comparables just up the street with nicer finishes are experiencing a $200+ increase in rental income per unit. Torrey Woods is a value-add investment opportunity located in the quiet suburb of Riverside, which is just minutes from Downtown, and neighbors A+ suburbs such as Briarcliff.
Courtesy of: James Tiehen, The Tiehen Group, jim@tiehengroup.com
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