Here’s a great investment opportunity that combines steady income, flexibility, and small-town charm. This combo listing includes two apartment buildings with 27 one-bedroom, one-bath units, plus a mobile home lot with seven spaces, each with its own parking pad. Whether you’re a seasoned investor or just getting started, this property is turnkey and ready to start working for you.

The property has a strong rental history, with 27 operating units, several fully furnished and three already operating as short-term rentals, giving you the flexibility to cater to both long-term tenants and short-stay guests. There’s real potential here to grow income through a mix of rental strategies. The buildings have seen many updates, so you won’t be walking into a fixer-upper situation but still have the opportunity to put your touch on the property. Tenants enjoy convenient on-site laundry, and a mix of street and on-site parking is always a plus in multifamily properties.

Located in peaceful small-town settings, these properties offer a lifestyle appealing to retirees, working professionals, traveling nurses, seasonal contractors, or short-term renters. The quiet atmosphere combined with the accessibility of furnished units makes it easy to keep units occupied year-round.

With 27 possible units plus seven mobile home lots, the income potential is clear. This is a rare find that combines volume, versatility, and value all in one package. This one is worth a serious look if you’re looking for a multifamily opportunity with solid returns and built-in upside. Reach out today for full financials and to schedule a tour!

PROPERTY FACTS:

  • 1.94± acres
  • 27 total units – 1 bed, 1 bath each
  • Two apartment buildings
  • Seven mobile home lots with parking pads
  • Short-term rental history on 3 units
  • Established rental history
  • Several fully furnished units
  • Small town lifestyle
  • Laundry facilities on site
  • Many updates
  • Street and on-site parking flexibility
  • Learn more about this property, its investment potential and information about the area in the Property Brochure.

Our Reach

Special properties deserve an exceptional land brokerage company like Fay Ranches. Our team has the knowledge, proven record of success, and a deep appreciation for the land and its traditions. We know how to market your unique property to the right audience. We invite you to learn more about our approach. Please call us at 800-238-8616 or click on the link below for more information.

Learn More