1135 N Guignard Drive

Description

Exceptional Multifamily Investment Opportunity!This fully occupied 18-unit, all-ground-level multifamily complex offers an outstanding opportunity for investors seeking immediate income and long-term potential. The property features 18 well-maintained units, all currently 100% rented, providing an established income stream from day one. With new roofs installed in January 2026, a major capital improvement is already in place. A unique feature of this property is its flexibility: the complex could potentially be divided into six individual 3-unit triplexes, offering an investor multiple possibilities for ownership, management, and future strategy. Current ownership has not increased rental rates, creating meaningful potential for future rental growth with established local rents. Priced below the 1% rule based on established local market rents, this property presents an attractive opportunity to acquire a stabilized multifamily asset with immediate cash-flow potential and room for increased income. Whether expanding an existing portfolio or entering the multifamily investment market, this 18-unit complex offers scale, stability, flexibility, and upside in one compelling package.