Great Cash flow!! For Sale is a great 17 unit investment package made up of 12 houses, a mobile home and a 4 plex. There are currently 2 vacancies (10/2/18). Monthly income is $8,300+per month and two of the units (301 Dale & 1409 St. Jude) are Section 8 approved. All units are in very good rental areas making them easy to fill, and is close proximity for easy management. A complete list of addresses will be available in the documents section. Owner pays water for the units located at 327 Weeks. Tenant's pay all other utilities. Landlord pays taxes, insurance & repairs and maintenance. The package is priced to Sell listed at around a 10.8% CAP rate and 18% Cash on Cash return. Seller wants to sell all properties together.
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.
