Investment Overview

Priced at approximately $90,000 per door, St. Helen’s Apartments & Retail offers substantial upside potential. Once all units are brought to market rates, the stabilized cash-on-cash return could reach 7.26% with principal and interest payments. The property’s prime downtown location ensures excellent visibility and accessibility, attracting both residential tenants and commercial clientele. The historic nature of the building adds to its charm and appeal, making it a desirable place for tenants. Investors can leverage current financing options with interest-only payments for the first 24 months to manage cash flow and gradually increase rents to market rates. Maintaining the high occupancy rate of commercial units ensures steady income. St. Helen’s Apartments & Retail represents a solid investment with a blend of stability and growth potential, ideal for investors seeking a renovated, income-generating property in a thriving location.