Listed by The Jonna Group at Colliers International
$1,740,000
12 Single Family Rental Portfolio
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 10,000
Units 12
Cap Rate 8.00%
NOI $139,256
Price per SqFt $174
Class C
Buildings 12
Ownership Fee Simple
Multifamily | 8.00% CAP | Single Family Rental
Marketing description
12 Single Family Houses in Detroit, Michigan.
Investment highlights
FULLY RENOVATED SINGLE-FAMILY HOMES IN DESIRABLE NEIGHBORHOODS OF DETROIT, MICHIGAN.
VARIOUS SIZES AND NEIGHBORHOODS.
HOMES FEATURE MODERN AMENITIES, INCLUDING UPDATED KITCHENS AND BATHROOMS.
POTENTIAL FOR LONG-TERM RENTAL INCOME AND RESALE VALUE APPRECIATION.
EXPERIENCED PROPERTY MANAGEMENT AVAILABLE FOR HASSLE-FREE OWNERSHIP.
Listing Contacts
Listed by The Jonna Group at Colliers International
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$139,256.00
$11,604.67/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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