Northmarq is pleased to present Bella Vista Apartments, an 80-unit value-add opportunity located in San Angelo, TX, offering significant upside potential. A new owner could implement an interior renovation strategy, potentially resulting in an average rent premium of $100. With the property’s operations and management upside which could result in approximately $34,000, this could boost the property’s total value by $2 million. Upgrades such as stainless-steel appliances and faux-wood flooring could attract higher- quality tenants and enhance long-term value. Improved management strategies could also align current rents with the market average and stabilize occupancy rates and increase returns. A new owner can capitalize on the tight rental market with no new developments on the horizon and position Bella Vista Apartments as a low-cost leader in the market. The property is ideally located near key economic drivers, including the Goodfellow Military Training Center, San Angelo ISD, Angelo State University, and Shannon Medical Center, which can attract a well-educated, high-earning resident base.