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Updated almost 7 years ago,
- Real Estate Entrepreneur
- Mid West, East Coast
- 1,226
- Votes |
- 2,954
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SOLD!Portfolio Deal -100% Occ - Rent $2.7K -20% Cap Rate - $85K
Buyer responsible to do their own due diligence. Property sold as-is. $1000 non-refundable, IKRE,LLC is selling it's equitable interest in the property.
Please Email inquiry to [email protected]. photos available!!!
Gross Rents - $2,700 per month
Property - 4 units / 3 properties
Cap Rate: 20%
Things to know - 1 property has two SFR's on one lot. Others are single families. Properties all have solid roofs, mechanical, plumbing electric however 2 SFR's has some cosmetic interior work required. Also one of the properties has code violations totaling $3.6K. Otherwise a solid rental portfolio. Cash deal preferred however seller open to doing a small carry back
Great rental pocket.
Notes: Solid addition to any portfolio. Solid starter portfolio and amazing cash flow. Solid tenants on rent asist/1-year lease & MTM.
Extras: Deal can be purchased with property management(10% of gross rents collected - Negotiable), contractor, handyman, lender, property insurer etc... on day 1!!! Leverage my network for high success.
suggested strategy is buy cash/refi using one of our in-network lenders for the ability to scale your rental portfolio.