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Updated over 7 years ago on . Most recent reply

John Pettit's profile image
John Pettit's profile image
John Pettit
  • NetWorth Distressed Real Estate Professional
  • from Plano, Texas
  • Member since Apr 27, 2017
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John Pettit's profile image
John Pettit's profile image
John Pettit
  • NetWorth Distressed Real Estate Professional
  • from Plano, Texas
  • Member since Apr 27, 2017
Connect
John Pettit
  • NetWorth Distressed Real Estate Professional
  • Plano, TX
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Quadplex in South Dallas

John Pettit
  • NetWorth Distressed Real Estate Professional
  • Plano, TX
Posted

I have a copy of the leases as well as the inspection report from when this closed on the MLS last year. Has a brand new 30 year roof. All units are separately metered. Owner pays the water.

Cost: 220,000

Rehab: 0 (in good shape for area and has new roof)

Rents:  I estimated a cap rate of 10.8%, that is with me estimated a 10% vacancy rate which is highly unlikely

If interested in this Quadplex or have any other questions please email me as soon as possible

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