1210 SCENIC HIGHWAY

Recently Upgraded 8-Unit Apartment Complex Plus a 9th Unit Single Family Home Located Directly on Lake Josephine! Lake Josephine Apartments is located in the Heart of Dundee off of Highway 27. Apartment complex is made up of a main building with 8 units (three Studio/1 BAs, three 2 BR/1 BAs, two 1 BR/1 BAs), 14+ parking spaces and another single family home with 2 BR/1 BA that is in need of repairs. Apartment is currently running just below fair market rents and rent increases are possible without any additional upgrades. This income producing property has tremendous upside with enough land to build a second 8-Unit Apartment Complex on it. Quality upgrades have been made and professional property management is in place. Location is perfect in the growing City of Dundee just minutes from everything including downtown Dundee, restaurants, shopping, major streets, schools and US-27. Please call to schedule a showing today!