OFF MARKET!!! 12% CAP RATE!!! DIRECT TO SELLER!!! 130K

[Jason Lewis]

Calling all investors!!!! Fully occupied off market 4plex available. Direct to seller. 12% cap rate going into the deal. Property needs some TLC but there are long term tenants in place. This property boasts a cash flow of $1400/month right now. Owner pays all utilities and manages property and he has not raised rents in years so this is a definite value add opportunity seeing as rents can be raised by $100 a month before any work is done. Minutes from downtown Toledo and the University of Toledo, this community is prime for growth and revitalization. This is a cash only deal so in order to be seriously considered, potential buyers must be qualified and vetted. This property is under contract and will be assigned to an end buyer. Assignment fee has already been figured into purchase price. Please contact me for more information. [email protected]