Hillside Holdings
Listed by Hillside Holdings
$549,900
5 Unit Multifamily Portfolio - High Cap Rate
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Cap Rate 10.42%
NOI $57,312
Occupancy 100%
Buildings 2
Lot Size (SqFt) 8,000
Sale Condition For sale by owner
Multifamily | 10.42% CAP
Marketing description
For sale is two multifamily properties totaling 5 residential rental units.
40 Ahrens Mount Clemens, MI 48043
23510 Buckingham Clinton Township, MI 48036
100% Occupied Properties are all fully turnkey with high end finishes, including granite countertops, soft-close cabinets, luxury vinyl plank flooring, high efficiency furnaces, etc., etc., etc.
Strong rental market! Current owner willing to stay on to manage the properties for an out of state or hands off owner.
Listing Contacts
Hillside Holdings
Listed by Hillside Holdings
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$57,312.00
$4,776.00/mo
Valuation Metrics
0
DSCR
10.42%
Cap Rate
10.42%
ROI
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