Well-maintained 4-plex in the Stafford submarket offering stable in-place income with strong upside potential. Currently generating $45, 600/year with value-add opportunity as rents trend toward market rates. This asset features four spacious ~1, 000 SF 2-bedroom units with desirable layouts, private outdoor spaces, fireplaces, and in-unit laundry—driving consistent tenant demand. Recent capital improvements, including 2024 foundation repair with transferable warranty, multiple HVAC updates, and a maintained roof, help reduce near-term expenses. Two long-term tenants provide stability, while below-market rents allow for future growth. Property also qualifies for Section 8 housing, expanding tenant pool and income reliability. HOA covers key expenses for simplified ownership. Contact for financials and additional details.
parkerspeer@speercompanies.com
