Sold $668,000 - Investment Property
Here’s a classic example of a property that would fly under the radar and not be seen as a deal . . . but it is. Why?
Because at this price, and with the amount of rent the tenants are paying, you could afford to spend a substantial sum to re-locate tenants as well as do any needed renovations. If, for example, you pay $650K for the property and another $200K for re-lo and renovations, you will end up cash flowing $3200/mo or 14% cash-on-cash return in an upside location.
Unit 1 – Bedrooms – 0 – Baths – 1.00
Unit 2 – Bedrooms – 1 – Baths – 1.00
Unit 3 – Bedrooms – 2 – Baths – 1.00
Unit 4 – Bedrooms – 0 – Baths – 1.00
Unit 5 – Bedrooms – 0 – Baths – 1.00
Unit 6 – Bedrooms – 0 – Baths – 1.00
Unit 7 – Bedrooms – 3 – Baths – 6.00
If you want it, or want more information, call me anytime.
