7240 Tennyson St presents investors with the opportunity to acquire a well-located, clean workforce housing asset in the Westminster corridor offering both strong in-place cash flow and a clear path to near-term yield expansion. With a going-in cap rate of 6.64% and the ability to expand to 7.51% in Year One, the property delivers immediate returns with additional upside through operational improvements and mark-to-market rent growth.
Courtesy of Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. . charles.burkhart@marcusmillichap.com,214-336-6064
Selling Office: Marcus & Millichap Real Estate Investment Services of Atlanta, Inc..