Got an amazing deal under contract that has cash on cash returns of over 20%

[Spencer Thomas]

Hello Everyone! 

I have a deal that I had been negotiating for over 3 months with the seller and had just about given up on it and moved on and closed on a different deal. The seller came back to me this week and said he would be willing to accept my offer so I told him that I would go under contract if it was assignable and he agreed. It is 19 units located in Kankakee, IL and has an NOI of over 130k and purchase price is 1.15 mil with a $150k credit at closing by the seller. For a fee, I am willing to assign the contract over to someone that wants it. I also own a bunch of property in that city and have a great property manager that can manage them for you. Please reach out if you are interested.

Thank you! 

-Spencer 

425-269-5650