168 S. Lincoln Avenue is a rare value-add opportunity through rental escalations that include upside in as-is condition.
The apartment consists of twenty one total units with nearly all on month- to-month leases. The building is located blocks from the rapidly developing downtown district with many shopping, restaurant, and entertainment options.
Value-add opportunity through rent escalations in a fast growing market
Strong monthly cashflow currently with rental upside in as-is condition
Nearly all leases are month-to-month
Reliable tenant base with virtually no vacancies
Desirable zoning with development potential in the future