Looking for a buyer in Roanoke Rapids NC

[Michael Otranto]

Hello all, I have a Seven house portfolio in Roanoke Rapids available. All houses are close to one another in quiet neighborhoods. Six houses are rented. One vacancy will be filled quickly. Average vacancy time is 2 weeks. Houses have a tax value of >$200K. All houses are old and deteriorating. One house has potential as a small commercial rental.

Total Monthly Rent
3500

Annual Net Operating Income
31,276

Cap Rate
19%

This is a cash flow investment opportunity. Rehab for resell is NOT suggested. Does anyone know of an investor that would be looking for this type of an investment in a rural area of NC by the Virginia border?