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Updated almost 9 years ago on . Most recent reply

looking for Rental properties in Chicago, Indianapo, Memphis..
Hi Guys,
I am a cash investor looking for rental properties in Chicago, Indianapolis, Detroit, Memphis and FL. I can look at pretty much anything as long as the yield is good. looking to buy 15 properties over the next 18 months or so. Ideally properties which are already rent and managed. Wholesalers / turn key companies please send me your listings! Many thanks,
T
Most Popular Reply

Offer 254LL:33 Single Family Rental Homes in Memphis, TN.Very nice Class B and C properties throughout the Memphis area.80% Occupancy with Professional management in place.Price range is $28,000 to $72,000 per property.Can be sold in increments of 5.Asking Price - $1,500,000 with a 13.9%Cap Rate. A conference call with the seller rep will be required in order to get additional information on these closely held properties.
Offer #205LL: - Memphis, TN 100 Single Family Rental Homes in Memphis, TN. Very nice Class B and C properties in Raleigh and Frayser. 91% Occupancy with Professional Management currently in place. Price Range is $48,000 to $82,000 per property. Will consider selling in smaller increments. Asking Price - $6,218,000 with an 11.0% Cap Rate. 3% referral fee.
Offer #206LL:- Memphis, TN 42 Single Family Rental Homes. Very nice Class B and C properties throughout the Memphis area. 90% Occupancy with Professional Management currently in place. Price Range is $52,000 to $85,000 per property.
Will consider selling in smaller increments. Asking Price - $2,900,000 with an 11.7% Cap Rate. 3% referral fee.
Please let us know if you are interested in any of these properties. We get new listings in every day too!