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Updated almost 12 years ago on . Most recent reply

User Stats

341
Posts
22
Votes
Shequann Burrwell
  • Wholesaler/rehabber
  • Arcadia, FL
22
Votes |
341
Posts

53 SINGLE FAMILY HOME PORTFOLIO IN GREENVILLE, SC

Shequann Burrwell
  • Wholesaler/rehabber
  • Arcadia, FL
Posted

would anyone be interested in a 53 single family portfolio in greenville SC.

im working with a broker on this one and some others

PURCHASE PRICE IS $2,108,000, PLUS 4%

THE PURCHASE PRICE REPRESENTS 61% OF THE CURRENT MARKET VALUE OF THE 53 HOMES

THE MARKET VALUE OF THE 53 HOME PORTFOLIO IS $3,454,000

THE CAP RATE OF THE PORTFOLIO IS 10.1%

THE NET OPERATING INCOME IS $213,123

THE OCCUPANCY RATE IS ABOVE 90%

18 OF THE HOMES HAVE SECTION 8 TENANTS

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