570 S Mirage Ave, Lindsay, CA 93247

The Lindsay Inn Econo Apartments is a rare value-add and renovation ready opportunity at a reasonable price point that leaves upside for a new owner. The housing demand is extremely high due to the shortage of quality low-cost living. This property could potentially serve Section 8, Veterans, or the needs of other types of government subsidized housing programs which would create a guaranteed monthly income stream. The property is comprised of thirty-two (32) units of which sixteen (16) are econo lodging rooms with some featuring kitchenettes plus sixteen (16) apartment along with ample onsite parking. The ownership has replaced all of the roofs, demoed all of the interiors, 6 renovated units, installed dual pane windows in renovated units along with water heaters. In addition, each apartment unit has sub-panels making it possible to separately meter each unit as part of the renovation.