Location
EXECUTIVE SUMARY:
Brentwood Manor is a well-maintained, quiet, multifamily community just off I-69 on the eastside of I-127 and north of I-69. These buildings were built in 1962 and contain 45 units. The property offers a diversified and extremely competitive unit mix comprised of 1 one-bedroom unit with approximately 625 square feet of living space, and 43 two-bedroom units with approximately 850 square feet of living space. The landlord is responsible for the water, gas, and electric in the common areas. The building has hot water baseboard heating. The tenants are responsible for their own electric.
Currently Brentwood Manor is operating at 93.3% physical occupancy has maintained this level of performance for many years. Even more impressive than this asset’s occupancy are the improved rents ownership is achieving on renewals and new leases.