Summary
GREAT BUY AND HOLD OPPURTUNITY !
3 BED/ 2 BATH/ 2 CAR GARRAGE ALL 5 HOMES
1477 SQUARE FEET ALL 5 HOMES
2 LOTS 16,360
3 LOTS 15,051
2023 YEAR BUILD
SELLER IS PREPAYING $1800/MONTH FOR 18 MONTHS OF RENT ON EACH PROPERTY. $162,000 TOTAL PACKAGE. FOR EACH PROPERTY WILL BE HELD IN AN ESCROW ACCOUNT AND DISPERSED TO BUYER ON A MONTHLY BASIS, BUYER IS GURANTEED $1800 A MONTH PER PROPERTY X 5 FOR A TOTAL OF $9000 A MONTH FOR 18 MONTHS. TENNANTS WILL OCCUPY FOR 18 MONTHS. 11 PERCENT CAP RATE EACH HOUSE AVERAGES $235,000 PER PROPERTY.
3705,3715, 3725, 3735 n ALGODON, 375 N BANDELIER THESE ARE THE ADDRESSES FOR THE 5 PROPERTIES
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Location
current deal
comparables
available
sold
#2
$123k
$99k
Bedrooms | |
Bathrooms | |
Sq. footage |
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