Listed by Keller Williams Capital Realty
$670,000
Single Family Rental Portfolio 8 of 8 Section Eight
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 7
Cap Rate 11.36%
NOI $76,116
Broker Co-Op Yes
Sale Condition For sale by owner
Multifamily | 7 Units | $95,714/unit
Marketing description
Don’t miss this opportunity to own seven, single family rental homes that are all currently on section 8 through the Evansville Housing Authority.
Portfolio includes:
817 W Franklin St $1300/month
1410 E Indiana St $900/month
1021 N Elliott $1000/month
1019 Bellemeade $873/month
1112 S Harlan $800/month
2222 S Walnut St $775/month
302 E Louisiana St $695/month
=$6343 per mo/$76,116 per year
Call or text co-list agent Kathy French 1-812-499-8872 for more info. All showings will be scheduled after accepted LOI made contingent upon walkthrough.
Investment highlights
$76,116 annual income
All Section 8 Housing
Seller is also selling 9 other portfolio packages for a total of 68 properties all together.
Listing Contacts
Listed by Keller Williams Capital Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$76,116.00
$6,343.00/mo
Valuation Metrics
0
DSCR
11.36%
Cap Rate
11.36%
ROI
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