Oak Arms is a 24-suite apartment building consisting of 18 one-bedroom suites and 6 two-bedroom suites located in Elmwood. Property benefitted from attentive hands-on management by the owner from 2015-2021, and is currently being professionally managed. Storage lockers available at no cost to the tenants, located in the common rooms on each floor. Some units have been renovated on tenant turnover to have flat-top ovens, vinyl flooring, and newer countertops and backsplashes.
Opportunity for value enhancement through continuation of suite upgrades on turnover.