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Updated about 8 years ago on . Most recent reply

User Stats

398
Posts
147
Votes
Russ Draper
  • Investor
  • Boston, MA
147
Votes |
398
Posts

97% ROI Want to sell before EOY 4plex in Huntington IN

Russ Draper
  • Investor
  • Boston, MA
Posted

Looking to sell my 4plex in Huntington BEFORE 12/31. My loss is your gain, I don't have time to finish cosmetic rehab. Calculating 25% down @ 4% with 1mo vacancy is an astounding 97% ROI! Separate utilities, approx $5k in rehab currently underway.

Old PM put crap tenants in, I evicted them all and am rehabbing, could get up to $600/mo if you spend a little more on rehab.  Currently vacant, old leases varied from $433/mo to $600/mo depending on unit, all 4 are identical though.

Cash offers strongly preferred for obvious reasons.

Offering

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