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Updated about 9 years ago,
TURNKEY MultiFamily Investment in College Town ROI: 11+%
Very well maintained historic building with tons of beautiful character. This property is located in a growing college town with good demand for housing as 47% of the market rents in this area. Great ROI and Cap rate for a fully managed investment taking into account full management costs, estimated repair costs and average vacancy rate. This property is in excellent condition compared to other rentals in the area and attracts higher quality tenants. In addition, there is room to increase rent on one unit by $200. (This hasn't been taken into account with the numbers.)
Shoot me an email and I'll send you the BP Analysis. [email protected]
HAPPY SATURDAY!
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