Not on Mls 18 package homes (13 duplexes and 5 single family) homes all in East side of Cleveland,Ohio, majority of the homes are in zip code 44110, 44127. The current rent this package is: $10,500/month There are still 11 -12 vacant units and if rented,can get another: $5,500/month So total potential rent from the package is: $16,000/month @ 85% occupancy, you are looking at $13,500/month Asking Price for the package is $400k OBO which is 35% cap rate. We will take care of any outstanding property taxes and you will get clear titles for all properties !! All these homes are managed by a property manager and the conditions are very well maintained long term tenants and every one has leases in place. For a $400,000 investment you are getting $13,500 rent. That is 35% return on investment package can also be plit in half ! Asking $400,000 OBO Cash Buyers Pls Contact me Mr.Lee (954)-933-8220 LoyalRealtyConsultant@gmail
Posted on: Thu, 27 Nov 2014 04:26:29 +0000
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