GREAT INVESTMENT OPPORTUNITY W/ PORTFOLIO OF 22 SINGLE FAMILY HOMES. Estimated cap rate of 5.66% based on estimated annual rental income of over $500,000. Over $700,000 discount based on current list prices & per unit sale price of $45,000 less than the average home sale price by builder in 2022 in the subdivision. Comes w/ a 1 year builder warranty which will help offset some of the upfront costs & maintenance of your typical rental property. Units will have granite counters in kitchen, some LVT flooring, A/C, white trim & cabinets and either pine or white doors. Some photos shown are of similar plan and are virtually staged. They may show upgrades or different finishes. 3D models/floor plans are estimates and may not be exact. Buyer to verify all dimensions & finish details if important.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
