4-Plex⁞ Fully Occupied Kingsville, TX⁞ Walk Through Video Below 😉

When was the last time you had a gooooood value add secnario? 

Property is completely renovated, currently approved for with housing authority with section 8. Fully occupied generating $3,200/month not including fixed water and on site laundry faucilty! 

Built In: 2016 💪💪💪

(4) Units! ALL  2 bed 1 Bath units!

Square Footage: (450 sqft, 320 sqft garage, 45 sqft balcony) ea. Unit 

Lot Size: 7,000 sqft 

Repairs: (NONE!!!!!! Buy in start earning!!!) 

As-Is Cap Rate: 12-13% 🤑🤑🤑

Purchase Price: $295,000

Rental Comps On Average (2/1): 950-$1200/month 

As-Is (Value) with respect to cash flow: $380-$426k, @9-10% CAP & you know the big boys are good with a 5-6% return on their money... (Lets Go!) 

FHA, VA, and Fannie Mae Compatible 

🦅Your gonna here me say this often, (BRING ME YOUR BEST WE WILL MAKE IT HAPPEN!) 🦅

Sincerely, 

Travis Almeida 

Point Venture Acquisitions 

(361)333-2454, or Spanish (361)752-0040

Pva.singlefamilyhomes@gmail.com