•Appraisal on hand with an Official $950,000 After-Repair Value [per Barletta Inc.]

•Projected NOI after year 1 following stabilization is projected to be $82,540 (per appraisal).

•Rehab and purchase the property for $687,000 in order to obtain a property with a 12% cap rate on account of the $82,540 NOI.

•Located only 45 minutes from Dallas city limits.

•This property originally had 13 apartment units, one additional unit for storage, and a separate office.

•Contact us for more info related to the property and financing options available with a down payment as low as 30% for the purchase price with the lender covering 100% of the rehab.