Listed by LOYD Realty
$129,900
Cheap Rentals
Details
Property Type Multifamily
Sub Type Student Housing, Single Family Rental Portfolio
Square Footage 4,300
Net Rentable (SqFt) 4,300
Units 5
Cap Rate 20.64%
NOI $26,808
Occupancy 100%
Pro-Forma Cap Rate 20.64%
Pro-Forma NOI $26,808
Price per SqFt $30
Class B
Year Built 1940
Buildings 2
Acreage 0.400
Investment Type Value Add
Sale Condition For sale by owner
Great Opportunity for Homeowners or Investors
Marketing description
Great Mini Package!!
Duplex and house on one parcel, and duplex on another. Total of 5 units. 4 x 2bed/1bath units and 1 x 1bed/1bath unit. Tons of potential. PROPERTY WILL GENERATE A 19%+ NET RETURN ON INVESTMENT!! OVER 60K IN VALUE ADD!!! Units are rent ready. One of 2bed units just rented for $750/month. Steal this property for cheap before all units are occupied.
Property management and financing is available.
Looking for OFF-MARKET properties?? Visit our website: www.loydrealty.com/properties !!!
Investment highlights
Listing Contacts
Listed by LOYD Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$26,808.00
$2,234.00/mo
Valuation Metrics
0
DSCR
20.64%
Cap Rate
20.64%
ROI
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