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Updated almost 9 years ago,
- Real Estate Investor, Flipper, PM, vacation rental, Wholesaler
- Athens, GA
- 210
- Votes |
- 260
- Posts
Collossal Cashflow - College Cash Cow Condos - $3,950/mon @ $265k
For those that love their Alliteration with a big scoop of Cashflow
12% Cap anyone? College rentals anyone? Potential Vacation Rental...
Located in Athens GA home of UGA. Five Points Area
One 5 bed 3 bath unit with over 2500 sqft that rents at $1250 (this should be higher between $1400-1650) and Two 4 bed 2 bath units rented at $1,350 each.
I just sold a comp to the 5/3 at $139k. These units are offered at a discount and cashflow like champs. These units are in great shape.
We are willing to assign, but if we don't I'm happy to put it in our portfolio alongside our other condos that are in the same University campus area.
Yes, my company is willing to professionally manage these units at 12% of standard collections or 30% of vacation rental revenues. We will also happily refer you to other PMs in town.
Send me an email for more info and Proforma. First cash buyer wins !