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Updated about 7 years ago,
5 turn-key properties for sale Fort Wayne $146250
Hello all. This package is a grouping of 5 properties of which 2 are rented one is being rehabbed and the other two will be rehabbed prior to the sale of the properties or purchaser can close and will get rent paid by seller(me) until they are rented.
2009 Randall - 4bd/2ba **RENTED SEC 8** $700/month
3123 Winter - 1bd/1ba **RENTED SEC 8** $425/month
3232 S Barr St- 3bd/1ba Will rent for $600-650/month
1201 Oxford - 3bd/1ba Will rent for $575-650/month has attached garage
3526 Smith - 3bd/1ba Will rent for $575/650/month has detached 2 car garage
Gross potential rents $2925-3125/month. If closed prior to units being rented I will pay rents for vacant units until rented(low range). Priced at a 12% return based off 50% rule using low end rent range. Selling as a turn-key package with management in place at 10% of gross rents.