Nexus Commercial Realty, LLC, has closed the sale of 1021-1041 S Eliot St, a 12,308 SF multifamily property for the sale price of $2,630,000. Austin Smith and Sean Holamon of Nexus represented the Seller.
The property includes 8 one-bedroom units of 675 SF and 8 two-bedroom units of 875 SF. There is ample parking between the two buildings. All the units were renovated with new windows, new flooring, new cabinets and new appliances.
Seller is parting with the property after completing well executed cosmetic upgrades with plans to buy another value-add project.
1021-1041 S Eliot is conveniently located at the intersection W Tennessee Ave and S Eliot St. Steps away from a multitude of diverse retail and dinning locations. The apartments provide affordable living only 10 minutes from downtown.
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