Investment Highlights

  • Low density site on 9.1 acres with the potential to double the amount of units
  • Attractive price per unit well below replacement cost
  • Opportunity to improve operations and stabilized the asset in line with the submarket
  • Property is offered free and clear allowing for an incoming buyer to obtain new financing
  • A mix of two- and three-bedroom units featuring in-unit washer and dryer connections, central air conditioning, dishwasher, garbage disposal, and self-cleaning oven
  • Community amenities include a clubhouse, swimming pool, on-site laundry facility, playground, and leasing office
  • Carpenter Estates is centrally located in Cleveland with both Delta State University and downtown less than a four minute drive away
  • Delta State University sits on 332 acres with attractions like the Bologna Performing Arts Center, Horace McCool Stadium, and Walter Sillers Coliseum

Talk to us about
Carpenter Estates

Broker Details

Get the Full Details on
Carpenter Estates

View CA

Want to know what
your property is worth?

Request Valuation