- Significant Value-Add Upside Potential
- Opportunity to Acquire from Long-Term Local Ownership
- Exceptional Downtown Springfield Location – Proximity to Campus, Countless Restaurants, Bars, Breweries & Shops
- Fantastic Physical Condition – Well Maintained by Current Ownership
- Attractive Springfield Market Dynamics
- Offered Free & Clear of Existing Debt
Significant Value-Add Upside Potential
Both Cherry Plaza & Embassy-Kings present significant value-add potential through targeted renovations and operational improvements. Investors can capitalize on the existing demand for quality housing while enhancing the property’s appeal and maximizing rental income.
Opportunity to Acquire from Long-Term Local Ownership
Current ownership has maintained a conservative approach, focusing on long-term stability rather than maximizing immediate revenues. This strategy has preserved the asset’s integrity and provides the next investor with a unique opportunity to implement enhancements that can drive both occupancy and income.
Exceptional Downtown Springfield Location – Proximity to Campus, Countless Restaurants, Bars, Breweries & Shops
Nestled near the heart of downtown Springfield, Cherry Plaza & Embassy-Kings provides tenants with the ultimate amenity – the ability to walk minutes to campus, coffee shops, bars, casual and fine dining, local shops, theaters, and countless other businesses in and around downtown.