Orchard Apartments

Welcome to the Orchard Apartments, a charming property comprised of seven units offering a mix of comfortable living options. With six spacious 2 bed/1 bath units and one cozy 1 bed/1 bath unit, there’s something for everyone. Each residence features off-street parking for convenience and privacy. Currently fully occupied, three of the units have been fully remodeled, ensuring modern comfort and style, one unit will be vacant at closing. On-site laundry facilities provide added convenience for residents. Two of the units have access to private attached garages. The roof, just 10 years old, offers peace of mind and durability. Plus, with water separately metered, utility management is more streamlined. Don’t pass up on this perfect opportunity!

Why We Love It:  Great price-to-rent ratio in place, mix of rehabed and value add, coin op laundry on site.

The Challenge: Odessa as a tertiary submarket has both pros and cons. Lower rents that KC metro area. A few properties around this one could use some TLC.

The Value-Add Play: Increase operational efficiencies, continue to run AirBnB and get all units up to market rate.