Property Detail

Description

Upgraded units and the property to be delivered 100% vacant. ACRE is pleased to present the Brighton Avenue Apartments, located just a block and a half from the beach. The property includes three 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and four detached garages. The 6,904-square-foot lot offers 2,332 square feet of rentable space and is zoned R-4. All units have been updated, which includes new flooring, updated kitchens and baths, and newer appliances, allowing for immediate lease-up at market rents without tenant displacement. The property may be delivered 100% vacant, providing flexibility for long-term rentals, short-term rentals (subject to regulations), or a value-add strategy. Detached garages offer additional upside through potential ADU conversion.