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Updated over 10 years ago on . Most recent reply

Jack TuckerPoster
- Real Estate Investor, Flipper, PM, vacation rental, Wholesaler
- Athens, GA
- 210
- Votes |
- 260
- Posts
Unwilling Inheritance - 346 doors. Fast Sale @ $8M Appraisal @$12M
OFF MARKET. Bank is looking for a Buyer.
346 doors in a major city in the southeast.
Area is undergoing an active regentrification.
Stated NOI $575k, but at current 58% occupancy!
$350k capEx and professional management can get you to Market NOI of $1.27MM
Market caps at market NOI valuates the property between $15.9 - 18.1 MM.
Send me a PM with your email for the Confidentiality agreement.
Jump on this before it goes public!
Top Performing Properties LLC
Most Popular Reply

How does "Bank is looking for a Buyer" go along with "beneficiary new owner doesn't want to stay in Real Estate"? That doesn't really make sense.