π‘πProperties are in a phenomenal location with great potential and opportunity. You're on the market in no time, with tons & tons of potential! Properties on big lots, potential to add more units!
Pics on the link below ππ½
Questions? π Call Daniel/Eli @ (919) 230-1211
ππΊοΈ Address: 306 Park Ave, Clinton, NC 28328, USA & 701 College St, Clinton, NC 28328
8 units Current-
6 units are 1/1 renting for $500
1 2/1 renting for $600
1 2/1 renting for $600
Proforma-
1/1- $750
2/1- $850-900
701:
Beds- 5
Bath- 4
Sq/ft- 3.856 sqft
Year Built- 1900
306:
Beds- 4
Bath- 3
Sq/ft- 2.484 sqft
Year Built- 1910
Current Proforma Annual Proforma
6 Units 1/1. $3,000.00 $4,500.00 $54,000.00
2 Units 2/1 $1,200.00 $1,700.00 $20,400.00
Total $4,200.00 $6,200.00 $74,400.00
Maintenance NOI Proforma Cap rate
20% $59,520.00 15.87%
Proforma cap rate 15.87%
ARV at 6.5 cap $915,692.31
ARV at 7.0 cap $850,285.71
ARV at 7.5 cap $793,600.00
Each Unit has its own Power, Water and Gas meters!
Amazing Value Add opportunity in the heart of Clinton, just right outside of Fayetteville NC.
Add this awesome 8 Unit to your portfolio today!
β BUY IT NOW, starting at $359,999! OBO Bring Your Offer!
π· PICS LINK- https://drive.google.com/drive/u/0/folders/1eGvDeIZ95tMWd0NizL80iHKLq0q8rqOd 8 UNITS
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