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Sundance Garden

Posted: 11/16/2022
40 Units
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About Sundance Garden

Sundance Garden offers an excellent opportunity to purchase a stable turnkey community. The current ownership has recently painted the exterior, completed a landscaping refresh and resealed/striped the parking surface. Of the 40 units, 33 have been updated with varying degrees of finishes. Property features a diverse unit mix of studios, one bedroom and two bedroom units. There is a significant loss to lease for a new investor to capitalize on with natural turnover and as rent increases get implemented over the next couple of years. Strong RUBS collections in place offsetting close to 100% of the utility expense.