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Residential Income Portfolio
(Real Estate Related; Rentals)
Arizona, Maricopa
| Seller Financing: |
No |
| Lender Pre-Qualified: |
No |
| Office ID: |
AWB111099 |
Listing Details
| Listed Price: |
$2,885,000 |
| Down Payment: |
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| Total Sales: |
$338,000 |
| OCF: |
$310,000 |
| Period Involved: |
2011 |
| License Req: |
No |
| FFE: |
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Included? No |
| Real Estate: |
$2,600,000 |
Included? Yes |
| Inventory: |
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Included? No |
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| Reason for Sale: |
Seller built this nice portfolio of Real Estate to eventually sell it. |
| Training: |
Yes |
Operations
| Year Established: |
2009 |
| Last Acquired: |
2009 |
| Form of Ownership: |
LLC |
| Home Based: |
Yes |
| Relocatable: |
Yes |
| Type of Location: |
Home-based |
| Absentee Owner: |
No |
| Employees: |
Full Time: 0 / Part Time: 0 |
| Managers: |
0 |
| Hours: |
Owner works 5 hours a week |
| Franchise: |
No |
Location
| Lease Expire: |
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| Option: |
leases are originally 1 year and no deposits |
| Lease Security: |
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| Monthly Rent: |
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| Square Footage: |
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| Facilities: |
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Summary
| Business Description: |
28 homes located in the West to N W Valley. PLEASE DO NOT DISTURB TENANTS! All recently remodeled and/or upgraded from time of purchase at auction. Seller will pay for all RE appraisals. A great portfolio of rental properties at a CAP RATE of 9%! Seller works 5 hours a week running from his phone and computer. See file for low overhead breakdown per house. Very little upkeep due to recent renovations. SEE LISTING AGENT FOR PROPERTY MANAGEMENT QUOTE FOR UNLICENSED OR OUT OF STATE BUYERS. Contact Susan Tanko-Manogue @ susan@allwestbrokerage.com or call Susan at 602-795-2005 ext 105 for more information. |
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