This 12-unit apartment building represents a unique opportunity to acquire one of the largest multi-family properties in the area—an asset type that is rarely available due to limited local inventory and development constraints. With no comparable buildings of this size nearby, the property benefits from inherent market scarcity and sustained tenant demand. The three-story building consists of twelve two-bedroom, one-bath units, a highly desirable layout for long-term renters. Vacancies are minimal, with units leasing immediately upon turnover, demonstrating consistent demand and operational stability. Select units feature private balconies, further enhancing tenant appeal. Set in a quiet, wooded environment with scenic mountain views, the property offers a compelling lifestyle draw while maintaining efficient operations through public sewer and well water service, and each units' electric heat. The combination of natural surroundings and functional unit design supports strong tenant retention. This asset is well-suited for investors seeking a stable, long-term hold in a supply-constrained market, with upside potential driven by scarcity rather than aggressive repositioning.
