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Adam Gerig
  • Investor
  • Fort Wayne, IN
77
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276
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9 units for sale $227,250 turn-key make me an offer. Management in place Fort Wayne, IN

Adam Gerig
  • Investor
  • Fort Wayne, IN
Posted Mar 23 2015, 11:55

I'm liquidating part of my assets to allow myself to rehab a couple of my projects and allow me to leverage the bank I'm working with to ramp up purchases so I'm willing to part with 9 of my properties.  Gross rents are over $4600/month.  8 of the 9 are rented with the 9th being rehabbed within the last 2 weeks.  2 of the 9 units will be getting full roof tear offs and put ons this summer (and I am willing to escrow money until that is completed).

If this is purchased from out-of-state buyer or someone not local I am willing to manage for 8% PM fees.  That's less than our typical management fee of 10% plus $200 lease up.  We manage over 1200 units and have over 50 employees.  Please message me if you have any interest and I'll send over PDF and excel spreadsheet detailing all these properties.  

Offering