$1,350,000
INVESTORS: Turnkey new construction with room to grow. Bethel on Birch presents a unique opportunity for an investor to step into a newly developed multifamily property and take it from here. Currently featuring 8 completed units across two buildings, this property provides a ready-to-lease foundation without the renovations, deferred maintenance, or unit-by-unit improvements often associated with acquiring an existing apartment complex. Each newly constructed unit offers 2 bedrooms and 2 bathrooms with LVP flooring throughout, granite countertops, white cabinetry, stainless steel appliances, and durable, neutral finishes designed with long-term rental use in mind. The attractive farmhouse-inspired exteriors feature metal roofs, wood accents, covered entries, sidewalks, landscaping, and paved parking. The real opportunity may be in what comes next. Additional land provides room for continued development, with existing plans that include additional two-bedroom units, a three-bedroom building, totaling to 24 units. Plans also include an on-site laundry facility. Purchase the 8 completed units as they stand today or explore options with the builder to continue the planned development, giving the next owner flexibility to determine the future of the property. With easy access to I-75, Bethel on Birch offers a convenient location for future residents and accessibility to the surrounding area. Invest in what's here today and see the potential for what's next. Infrastructure is fully completed.
10821714
MLS
515 Birch Street, Adel
Listing courtesy of Canopy Realty Group.
