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Updated about 11 years ago,

User Stats

99
Posts
7
Votes
Stephen Salerno
  • Addison, TX
7
Votes |
99
Posts

Portfolio of 41 SFR Irving Texas

Stephen Salerno
  • Addison, TX
Posted

This is a package deal of 41 single family homes with a 10% CAP rate. They all have been renovated with recent updated within the last two years. All properties are occupied and under lease. This is your opportunity to purchase a portfolio with little effort to you. Irving is a great area close access to major highways, DFW airport, and great schools. All 41 properties have at least 3 bedrooms and 1 bathroom except for one 2 bedroom and 1 bath property.

For more information contact me, Stephen Salerno at 214 793 1246.

Investor Cost: $4,200,000

Gross Rent Per Year $520,000

Property Taxes $57,473

Property Insurance $41,640

Management Fee (8%) $41,640

Total After Expenses $399,165

I have copies of all the lease and can provide them upon request.

Information on the city of Irving:

Link of Irving being top 5 safest city in america:

http://www.businessinsider.com/safe-cities-in-america-2013-7

Link of Great information of the City of Irving:

http://www.ci.irving.tx.us/businesses.asp