The Fountain Apartments – a turnkey investment opportunity in the heart of Greenwood. This well-maintained 8-unit property features significant capital improvements, including a new roof (within the last 5 years), updated common areas, and full interior renovations in 6 of the 8 units. The renovated units boast spacious layouts with luxury vinyl plank flooring, quartz countertops, undermount sinks, stainless steel appliances, modern bathroom vanities, and new bathtub/tile surrounds. Select units also include private decks. With minimal remaining value-add needed—just two units left to update—The Fountain presents an excellent opportunity to stabilize the asset at a projected cap rate of over 6.5%.
Listing Provided Courtesy of Jonathan D. Bye, John L. Scott, Inc
General Information
NWM2406370
Multi Family
1
DOM
6324.91 SqFt
5260
1988
King
Viewlands
Robert Eagle St
Ingraham High
Residential Incom
Multi Family
Listing Provided Courtesy of Jonathan D. Bye, John L. Scott, Inc
Krishna Realty data last checked: Jul 27, 2025 02:03 | Listing last modified Jul 24, 2025 21:22,
Source:
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Residence Information
5260
Composition
55 - 5-9 Units
1988
Coin Op Laundry
Features and Utilities
Metal/Vinyl
Public
Sewer Connected
0
Financial
17309
Cash Out, Conventional
07-23-2025
Comparable Information
1
1
Cash Out, Conventional
$2,100,000
$2,100,000
Jul 24, 2025 21:22
Schools
Elementary : ViewlandsN/ARatings Middle : Robert Eagle St N/ARatings High : Ingraham HighN/ARatings
The Fountain Apartments – a turnkey investment opportunity in the heart of Greenwood. This well-maintained 8-unit property features significant capital improvements, including a new roof (within the last 5 years), updated common areas, and full interior renovations in 6 of the 8 units. The renovated units boast spacious layouts with luxury vinyl plank flooring, quartz countertops, undermount sinks, stainless steel appliances, modern bathroom vanities, and new bathtub/tile surrounds. Select units also include private decks. With minimal remaining value-add needed—just two units left to update—The Fountain presents an excellent opportunity to stabilize the asset at a projected cap rate of over 6.5%.
