This large multi-family property in Wellington is a high-capacity income-producing asset designed for scale and long-term performance. The property features 16 bedrooms and 8 bathrooms across approximately 6,199 sq ft, offering significant rental potential through multiple units.

Originally acquired for approximately $1.2M in 2021, the property is now estimated to be valued around $1.45M – $1.5M+, reflecting steady appreciation in a stable, family-driven rental market.

Based on comparable multi-unit performance in the area, the asset is positioned to generate strong income, supporting:

• Estimated ROI: 10% – 12% annually
• Estimated Cap Rate: 7% – 8%
• Appreciation Since Purchase: ~20%+ increase in value

With its high unit density and large square footage, the property benefits from diversified income streams and reduced vacancy risk, making it a scalable and resilient investment.

Through structured management—including tenant placement, rent optimization, and proactive maintenance—the asset is positioned for both consistent cash flow and long-term equity growth.

This case highlights how a larger multi-family property in Wellington can deliver scalable income, operational efficiency, and sustained appreciation when managed with discipline.