200+ SFR PACKAGE ---CHARLOTTE NC
OFF MARKET
LOCATION : CHARLOTTE, NORTH CAROLINA
150------- 3 BEDROOM HOMES
64---------2 BEDROOM HOMES
25 --------4 BEDROOM HOMES
1 ---------5 BEDROOM HOME
AVERAGE SIZE--1122 SQ FT
$69,295 PER HOME/ $61.45 PER SQ FT
PRICED AT $16,700,000 + FEES
PLEASE CONTACT ME AT [email protected]
PROPERTY HIGHLIGHTS
1)Opportunity to Own in One of the Nation's Strongest Markets with Apartment Occupancy at 95.3% for Q1 2016
2)Value-Add Opportunity Through Improved Property Management by Reducing Vacancy from 15% to Current market Average of 5%, and Increasing Rents to Market Levels
3)Current Owner Spent just Under $23,000 per Home on Capital Expenditures to Improve Structural, Safety, and Cosmetic Aspects of the Properties in the Portfolio
4)Multiple Exit Strategies for Portfolio as Many of the Properties are Right in the Path of Development, Sell Individually to Homeowners, or Maintain as Long-Term Rental Portfolio While Increasing Rents and Improving Property Management
Seller is Willing to Subdivide Portfolio Into Transaction Size of 20 or More
***LOI (including proposed price, terms, conditions, contingencies, etc) along with verifiable POF / BIO & NDA/SIGNED FEE AGREEMENT MUST BE SUBMITTED TO MOVE FORWARD***
SFR Property is under contract and ready to be assigned
NEW CASH PRICE AT ONLY $678,000+ fees
Fee is included in the price.
5438 N Rainier Street, Ventura, CA 93003
5 Bed / 4 Bath
3371 sqft. Lot: 8626, 2 car attached, built 1980
ARV: $1.2M
Rehab : $150,000
NEW Price: $678,000 + fees
Access: Vacant - , call for combo
Comps:
581 Vista De Ventura, Ventura CA 93003, 4 bed , 4 bath, 3023 sqft, Sold on 1/23/15 for $1,375,000
5240 Foothill Road, Ventura, CA 93003, 4 bed , 4 bath, 3503 sqft, Sold on 5/18/15 for $1,294,000
5450 Foothill Drive, Ventura, CA 93003, 3 bed, 3 bath, 1800 sqft Active $1,650,000
5866 Santa Lucia Ct, Ventura, CA 93003, 4 bed, 4 bath, 3994 sqft, Sold on 3/26/15 for $1,100,000
5925 Santa Susana Ct, Ventura, CA 93003, 4 bed 4 bath, 3144 sqft, Sold on 11/20/15 for $1,050,000
157 Via Baja, Ventura, CA 93003, 3 bed 3 bath, 2549 sqft, Sold on 3/4/15 for $1,470,000
Please contact me at [email protected]