Courtesy: The Foundation Group LLC
Orchard Apts is a 6.29% CAP Rate on current income. This 7 unit property is made up of six-1Bed/1Ba & One 2Bed/1ba units of which 6 have been fully renovated. The 5 unit portion was built in 1925 and had all new electrical panels installed in 2019 and a new roof in 2020. The Duplex was built in 1960 and has W/D hookups in each unit and had a new roof put on in 2021. This property is located in an Opportunity Zone for additional tax advantages. There is also a large secure gated portion of the lot which could be used for additional income.
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
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Arrows indicate 90 day trend
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