1302 Watson Drive

What's Special

Excellent Investment Opportunity With Upside Potential Through Unit Upgrades and Rental Increases <ul><li>​Positioned near major employers and developments such as the Western Farmers Electric Cooperative expansion, the property benefits from strong local demand, supporting long-term rental stability and consistent leasing activity.</li><li>​Offered at $2.95M, the asset delivers an attractive 7.19% going-in cap rate based on a T12 NOI of $212,073. The investment is projected to yield a 5-year levered IRR of 12.41% and a 1.72x equity multiple.</li><li>​Current average in-place rents of $695 s

Location & Travel Times