General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago, 03/10/2022
Is This A Deal You'd Be Interested In As An Investor? SLC, UT
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?