David Jordan Apartments - Phase I presents an excellent investment opportunity featuring 40 income-producing units: 24 two-bedroom, one-bath apartments and 16 three-bedroom, one-bath apartments. Extensive renovations have brought the property up to current code standards, making it suitable for Section 8 participation or private-market leasing. All units are currently rented at private-market rates. Each apartment features a spacious 6'10" x 34' covered front porch and was constructed to ADA-accessible specifications. Additional amenities include a playground, paved parking and a separate management office for an on-site manager. This renovated, fully occupied apartment community offers immediate income with professional on-site management capabilities.