Thursday, December 20, 2018

5 State 49 Properties FL/AL/MD/NC/MI-Calling All Portfolio Investors

Calling all Portfolio Investors ---- Multi-State Portfolio of Renovated Homes
If you are looking to pickup multiple cash-flowing properties, here’s a great selection across 5 states.  All properties have been recently renovated, are leased up, and come with professional property management in place.  Property management can stay or change over to your own management.  No deferred maintenance so no near-term expenses anticipated.
Properties must be purchased in minimums of two parcels.  Discounts available for purchasing 10+ at a time. Buyer fees 3% per asset.
 
Portfolio summary:
StateProperty CountAnnual RentGross YieldAsking PriceAverage Mo. RentAverage Price
Florida5$61,80011.1%$559,100$1,030$111,820
Alabama11$97,62010.9%$891,515$740$81,047
Maryland20$229,71610.7%$2,152,000$957$107,600
North Carolina1$10,20010.2%$99,600$850$99,600
Michigan12$109,50012.7%$863,800$760$71,983
 Total: 49$508,83611.1%$4,566,015$848$91,320

Click for rent roll and property details
 
Offer Process:
  • Please submit a Letter of Intent with basic terms for the properties of interest
  • Cash or hard money only
  • Include proof of funds with the LOI
  • In response, we will provide any photos we have for the properties of interest
  • We will also provide any financial or other information you need, and which we have available, for each property
  • Upon review of all information and agreement to terms, a purchase and sale agreement will be drafted and signed with a defined due diligence period
  • Interior access and property inspection opportunity will be arranged during the due diligence period
  • Drive by only prior to contract. Do not disturb resident

  • Gordon-Marketing #512-387-0504
  • Angini (Lic Commercial RE-Agent )

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