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- Home Value
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2004
Sq.Footage
4,928
The Ultimate Investment Opportunity: The Blair Apartments Portfolio This isn't just another listing; this is a strategic acquisition designed for immediate performance and long-term wealth preservation. The Blair Apartments represent a rare "turn-key" scenario in the heart of Milford, offering the perfect trifecta of stability, quality, and untapped upside. ### Why This Is the Deal of the Century: • Rock-Solid Compliance & Quality: Skip the "investor headaches." Both buildings and all 10 units have recently passed full City of Milford inspections. Combined with meticulous maintenance by the current owners and recent remodels across most units, your capital is protected from day one. • Built-In "Value-Add" Potential: The most lucrative investments have room to grow. With rents currently positioned just below market rates to attract premium, long-term tenants, a new owner has a clear and immediate path to increased NOI and forced appreciation. • Operational Efficiency: Forget the mess of shared utilities. With separately metered water, your overhead is minimized, and your tenants take ownership of their usage. • Prime Urban Logistics: Located in the dead center of the City of Milford, these buildings sit on a large private parking lot—a high-value amenity that ensures tenant retention and commands premium interest in a bustling city center. The Verdict: Properties maintained to this standard with a clean bill of health from the city rarely hit the market with built-in rent upside. Whether you are looking to 1031 exchange or expand your local footprint, the Blair Apartments are a fortress for your capital. Don't let the "Deal of the Century" pass you by—this portfolio is primed for its next chapter.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Heat Pump, Electric
-
Heating YN
YES
-
Heating
Electric, Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.45
-
Lot Size(square feet)
19515.0
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,600,000
-
Tax Amount
$2,454
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Tax Lot
1100-000
-
Water Source
Public
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Location
County
KENT
Elementary School
Middle School
High School
Listing Courtesy of Albert C Leskovar Jr. , Myers Realty
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AGENT
Cara Via
Call Cara today to schedule a private showing.
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