Jacksonville-Portfolio-SOLD-Nov 2020-Cashflow-Long Term Hold

[Kristine Flook]

Investment Info:

Other wholesale investment in Jacksonville.

Purchase price: $875,000
Cash invested: $1
Sale price: $875,000

Portfolio of fourteen houses sold as a package. My parnter provided all the leases rent roll and expenses in a very organized folder that was provided by the seller. The seller's properties were all well maintained and in great condition. The buyer now has an amazing cashflow from this portfolio of houses.

Property Locations
> 6 - 32206
> 4-32209
> 3-32254
> 1- 32218

What made you interested in investing in this type of deal?

Partnership

How did you find this deal and how did you negotiate it?

Partnership

How did you finance this deal?

Hard Money

How did you add value to the deal?

JV

What was the outcome?

Closed in 30 days

Lessons learned? Challenges?

Partnership and working with likeminded people for the same goal cashflow and long term hold