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50
Posts
19
Votes
Adrian N.
  • Rental Property Investor
  • Colorado Springs, CO
19
Votes |
50
Posts

KS rental for sale

Adrian N.
  • Rental Property Investor
  • Colorado Springs, CO
Posted

Selling one of my properties. 

Asking: $75k

Comps: $81k (have multiple comps available to support)

2bd/1ba

Long-term tenant

Monthly Rent $660

-Undermarket rents. Median rent is $730. I have 1bd/1ba down the street going for $675

Tenant m2m, but looking to sign lease

Main sewer line replaced February 2023

Needs roof and exterior paint in next 7 years

PM in place at 6%, but can easily be self managed

Contractors in place

Let me know if you are interested. Trying not to sell to someone who is going to move in and live there, that is why I have it listed at $75k and would rather to sell to an investor. Tenant is awesome and I'd like for her to not have to move.

Offering