Description

Rare opportunity to acquire a 20-unit townhome community in the desirable Lebanon, Ohio market. Located just blocks from charming downtown Lebanon, the property features 20 spacious two-level 2 bedroom, 1 Bath townhome layouts with in-unit laundry hookups. Tenants pay their own utilities, resulting in very low operating expenses for the owner. Ten units have already been renovated, with long-term tenancy in place and a clear path to increasing rents to market in a highly supply-constrained area. A compelling value-add opportunity in a strong, stable location.