$3,960,000

Hatcher Heights was built in 1985 and is comprised of (12) 1-bedroom / 1-bathroom and (12) 2-bedroom / 1-bathroom units. The property is a 3-story building and has gone through many capital expenditures including a new parking lot, security gate, windows, multiple sections of plumbing and drain lines have been replaced and more. 16 Of the 24 units have been renovated or turned. Hatcher Heights features a fully renovated community laundry room as well as proof of concept for interior washer and dryers in 2 units. All units are individually metered for electricity and have the panels to support the installation of the remaining in-suite washer and dryers. With units turning and leasing quickly, this is an asset that is built for the long haul in an area that is continuously improving.