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Updated about 6 years ago,
21 SFH Properties - 24%+ Cap Rate - Cahokia Illinois
Are you looking for an income property opportunity with a Cap Rate over 10%? Over 15%? Over 20%? How about 24%+?
WE HAVE THAT OPPORTUNITY!
Introducing a GOLD MINE Investment Property Package in the metro St. Louis area!
21 Single-Family Homes
This package features mostly 3 BR/1 BA ranch-style houses on a slab! There are a couple 2 BR/1 BA and a couple 4 BR/1 BA properties mixed in, too.
16 rented, 5 vacant but soon to be rented, and ALL are managed by a very reputable property manager who KNOWS the area!
The numbers make this deal a "no-brainer."
Sales Price - $383,990.00 (Avg. $18,285.24 EACH!)
Annual Gross Income - $179,520.00
Annual Expenses (incl. Taxes, Ins., Prop Mgmt & Maintenance) - $85,555.00
Annual Net Income - $93,965.00CAP RATE = 24.47%
Serious cash buyers ONLY
Must have proof of funds!
Contact us TODAY, before this offer is gone!!
618 791-8989