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Updated 7 months ago on . Most recent reply

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Jason Combs
  • Rental Property Investor
  • Mason, OH
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All brick 8 fam, very good condition

Jason Combs
  • Rental Property Investor
  • Mason, OH
Posted

Attention: all brick 8 Fam in Oxford, OH...just off campus of Miami University. Zoned 401-commercial. .353 acre lot

7 0f 8 units updates in past 7 years. unit 8 in good condition long term(13 year tenant). all 1 bed/1bath. fully occupied. 4 units on 1st floor, 4 units on 2nd. 

just had the parking lot repaved spring 24', good drainage. Roof is approx 15 yo. 4 water heaters been replaced in past 5 years. 

current brings in $5200 month. Tenants pay heat, electric. Landlord pays water/trash. 3 units well under market (long term tenants over 7 years) market rents would allow for $6000 month ($750 per unit) There is no laundry at property.

Turn key investment.  $540,000...this price includes no commissions. I'm in no bind, hurry or otherwise need to sell. Just ready to move onto other investments. Not willing to do owner financing.

You can use any title co you'd like, my title company will represent my side- so dont bother with funny business. Pictures and details available when you ask and send me a POF or approval.. Im not much for time wasting. or looky lous.

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On this forum I doubt anyone will be offended, but if you go to the general public you might want to rethink letting the prospective buyers know that you are ready to insult them for being Looky Lous or doing some "funny business."  And, saying you don't have to sell or want to do so promptly apppears disingenuous. This will not get you where you want to be i.e. with a buyer. For my part, I wouldn't call anyone who started out with "don't waste my time." Your the person who wants to sell and pre-qualifying your prospective buyers and yourself is really not a sound approach.

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