298 Spruce St

FOR SALE: Swainbrook Apartments

- 24-unit garden-style apartment community comprised of 2-bed/1-bath units. - Historically leased to tenants participating in the USDA Rural Development Rental Assistance Program, with flexibility for future tenancy to remain subsidized or transition to market rate. - Eight vacant units provide immediate upside through renovation and lease up at market rents. - Attractive value-add opportunity through phased unit renovations while maintaining in-place cash flow.