Location

EXECUTIVE SUMMARY:

This recently completed redevelopment features 35 apartments, 1 retail/office space ($18.46/Sq.Ft.), billboard, onsite parking and shared laundry room for residents. The property offers a diversified and extremely competitive unit mix comprised of 2 studio units with approximately 250 sq.ft. of living space, 1 studio ADA unit with approximately 363 sq.ft. of living space, 27 one-bedroom units with approximately 460 sq.ft. of living space, 3 one-bedroom units with approximately 564 sq.ft. of living space, and 2 one-bedroom units with approximately 990 sq.ft. of living space. This asset speaks to the younger demographic of renters preferring small spaces in exciting submarkets like Ferndale.