We are pleased to present the Flower Street Apartments, available for the first time in nearly 30 years. This well maintained asset spans over half an acre and offers a majority of spacious two bedroom floor plans exceeding 1,000 square feet, with more than half designed as two story townhomes. The property features both garage and open parking, individual gas and electric meters, and gated entry, providing residents with privacy and comfort. Priced under $250 per square foot, this offering presents investors with significant upside potential, including a projected 60% increase in rental income. Flower Street Apartments represents a compelling investment opportunity with a cap rate exceeding 9% and a 7.86 GRM on market rents.