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Updated almost 3 years ago on . Most recent reply

Account Closed
  • Real Estate Agent
  • Salt Lake City, UT
17
Votes |
27
Posts

Is This A Deal You'd Be Interested In As An Investor? SLC, UT

Account Closed
  • Real Estate Agent
  • Salt Lake City, UT
Posted

Hello everyone this on market deal just came across my screen and I wanted to get your opinion on whether or not this a deal that you would consider investing in. 

The listing is turnkey, 12 total units, 4 units per building and 3 parcels sold as a bundle, as such its also eligible for residential financing. 

The rents are fairly in line with current market values and the GOI is $192,828 and after taxes, insurance, maintenance, and utilities the NOI is $156,299. Finally, the appraisal based on the income approach came back at $2,958,000

Is this a deal that you would consider investing in? If not, at what price would you consider investing in it? 

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