OWNER/AGENT Investment Opportunity - 10-Unit Multi-Family Property on 2 Acres Rare opportunity to own a well-maintained, income-producing 10-unit multi-family property situated on a spacious 2-acre parcel. This turnkey investment is 100% occupied and boasts strong, consistent cash flow with a reliable management team already in place. Each building on the property has seen significant capital improvements, including new roofs installed within the last five years and individual septic systems for each building replaced in 2022.
Multi-familyProperty Type
2006Year Built
2.02 acresLot Size
$62Price/Sq.Ft.
Listed by Nick Ray• RE/MAX Results In Real Estate, Inc.
Bought with Lacey Perniciaro• Coastal Realty Group
INVESTORS: Opportunity is Knocking !!! Ten units, 100 % occupied, Most with long term ( 3 + Years ) occupants . 6 units = 2 bed, 1 bath. 4 units = 2 bed 1.5 bath . All units have washer/dryer hookups. This property is outside city limits and does not require Flood insurance. Don't let this pass you buy.
Public Records
Sep 12, 2002
Sold
—
Year
Property tax
Land + Additions
Assessment*
2025
$6,252 (+0.4%)
$3,450 + $55,706
$59,156
2024
$6,226 (+2.3%)
$3,450 + $55,706
$59,156
2023
$6,087 (−1.9%)
$3,291 + $55,706
$58,997
2022
$6,207
$3,291 + $52,979
$56,270
2021
$6,207 (−1.3%)
$3,291 + $52,896
$56,187
2020
$6,291 (+0.2%)
$5,691 + $53,739
$59,430
2019
$6,279 (−0.8%)
$5,691 + $49,259
$54,950
2018
$6,328 (−0.3%)
$5,691 + $49,259
$54,950
2017
$6,347
$5,691 + $49,464
$55,155
2016
$6,347 (+10.7%)
$5,691 + $49,464
$55,155
2015
$5,734 (−1.8%)
$5,691 + $49,464
$55,155
2014
$5,842 (+3.3%)
$6,060 + $44,929
$50,989
2013
$5,657
$6,060 + $44,929
$50,989
Tax history for 23027 Indian Ridge Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,252 (+0.4%)
$3,450 + $55,706
$59,156
2024
$6,226 (+2.3%)
$3,450 + $55,706
$59,156
2023
$6,087 (−1.9%)
$3,291 + $55,706
$58,997
2022
$6,207
$3,291 + $52,979
$56,270
2021
$6,207 (−1.3%)
$3,291 + $52,896
$56,187
2020
$6,291 (+0.2%)
$5,691 + $53,739
$59,430
2019
$6,279 (−0.8%)
$5,691 + $49,259
$54,950
2018
$6,328 (−0.3%)
$5,691 + $49,259
$54,950
2017
$6,347
$5,691 + $49,464
$55,155
2016
$6,347 (+10.7%)
$5,691 + $49,464
$55,155
2015
$5,734 (−1.8%)
$5,691 + $49,464
$55,155
2014
$5,842 (+3.3%)
$6,060 + $44,929
$50,989
2013
$5,657
$6,060 + $44,929
$50,989
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.