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Updated about 8 years ago, 11/21/2016

User Stats

482
Posts
216
Votes
Scott Steffek
  • Flipper/Rehabber
  • Crown Point, IN
216
Votes |
482
Posts

70 SFR bank package in suburbs of Chicago for sale. TURN KEY

Scott Steffek
  • Flipper/Rehabber
  • Crown Point, IN
Posted

We're offering a package of 70 turn key homes that are located in the south suburbs of Chicago. I'm direct to the (owner), bank. The package is reasonably priced. Cherry picking is not allowed. Approximately 85% of the homes are currently rented. The bank has done an excellent job of maintaining the properties. We can assist you with renting the additional properties, as we have a management company. We can also offer you management on the entire package, if you need that service. There is a huge opportunity to increase cash flow, by raising the rents. The bank was extremely conservative with their rental rates, as they were managing the properties themselves and did not want to deal with turnover. Many of the rents are 20% below market value. We can also assist you with your due diligence, as we know the area very well. We have all of the information you will need to make a decision. The Proforma with the rents, costs etc. All interested parties must sign paperwork, prior to receiving the package. POF will also be required. Please, serious investors only. If you're a wholesaler and have a party interested, we will need to speak with them directly or we cannot send out the package. We will sign the paperwork necessary for you to get paid. Please call Scott at 219-308-0162 or email us at: [email protected].

Offering

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