🏘🏘🙌🏼 RARE OFF MARKET 6 UNIT MULTI FAMILY DEAL IN CALDWELL - SELLER FINANCE AT 4% INTEREST AND CASH FLOW DAY 1!!!🤯

Canyon County, Caldwell, ID, 83605
Sold
Listed at: February 7th, 2023
Price
$209,900
ARV
$950,000
Gross Margin
$740,100
Sq. Footage
2352
Type
Multifamily
Parking
Unassigned
Year build
1972
Lot size
0.25 acres
Bedrooms
12
Bathrooms
6
Half Bathrooms
0
Summary

DON'T MISS THE CHANCE OF A LIFETIME! GET INTO THE MULTIFAMILY SPACE WITH NO BANK LOAN AND NO CREIT CHECK!!


TERMS OF THE DEAL:


Each Triplex has it's own parcel number and can be refinanced or sold separately, they are being sold as a package!

 

💰 4% Interest Rate on a 43yr and 30yr note, You can't get those anymore 💎


Only cosmetic work required to get top rents! - This is a cash flow machine $$$


Triplex UNITS 1 & 2 & 3:

Purchase Price: 425k

Down Payment: $60,000

Current Rents: $1,100, $1,050, $1,050

Market Rents: $1,150, $1,150, $1,150

Seller Carry Note is 365k, 4% Interest, 43 year amortized, Payment $1,500 per month with a 10 year balloon


UNITS  4 & 5 & 6:

Purchase Price: 400k

Down Payment: $94,000

Current Rents: $900, $900, $900

Unit 5 is recently vacant

Market Rents: $1100, $1100, $1100

Seller Carry Note is 306k, 4% Interest, 30 year amortized, Payment $1,461 per month with NO BALLON!!!


 

Total Cash to Close (YOUR OFFER) = 154k down payment + assignment fee + closing costs

 

Total Purchase Price= $825,000

 

TOTAL MONTHLY PAYMENT IS $2,961 FOR 6 UNITS!!! THAT LESS THAN 500$ PER UNIT!!!!

 

No Prepayment penalties

 

Your Offer should include what assignment fee you are willing to pay over and above the ~154k down payment. Any questions, please ask TIM at 208-252-5389

  

INSPECTION REPORTS, LEASES, and WALKTHROUGH VIDEOS AVAILABLE - SEE DOCUMENTS SECTION

 

  • 1972 Build
  • 900 sqft each unit
  • 2bd 1bth each unit
  • .25 acres
  • Single Car Space with extra parking around front and back
  • CASH FLOW DAY 1
  • 5/6 UNITS RENTED!!
  • Triplexes share a water meter, which is why they are best sold as a package!
  • Rent-Ready (Minimal Repairs Needed)

 


CLICK THE INSTANT PURCHASE BUTTON TO LOCK THIS IN NOW 💪🏻 AVOID A BIDDING WAR OR MULTIPLE OFFERS

 

Most opportunities we send out are sold same day, often within the hour. So if you are interested, contact us ASAP with your highest and best offer!

 

Buyer can close with conventional loan, cash, or hard money loan, and submit proof of funds or approval letter with offer. The price is net to the seller and the buyer pays all closing costs. Property is sold in as-is condition.

 

As a buyer - you have the responsibility to perform your own due dilligence of the property prior to signing a contract to purchase the property or deposit earnest money. Determining value is the buyer's responsibility. The seller and assignor may not be held liable for any expressed or implied details of the property in its entirety. Property will not be considered under contract until signed contract and deposit received with all contingencies removed 


Videos

Billings Exterior WalkAround

Unit 1 Backyard

Unit 1 Front Entrance

Unit 1 interior Walkthrough

Unit 1 Bathroom Walk Through

Unit 2 Front Entrance Walkthrough

Unit 2 Back yard

Unit 2 interior WalkThrough

Unit 3 Entrance Walkthrough

Unit 3 interior Walkthrough

Unit 4 Interior Walkthrough

Unit 4 Interior.2 Walkthrough

Unit 5 Interior Walkthrough

Unit 5 Interior.2 Walkthrough

Unit 6 interior Walkthrough

Unit 6 Interior Walkthrough.2

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Ryan Weimer

No reviews

Disposition manager