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Updated over 11 years ago on . Most recent reply

User Stats

40
Posts
2
Votes
John Zuch
  • Investor
  • Raleigh, NC
2
Votes |
40
Posts

Investor Needed on Solid Deal

John Zuch
  • Investor
  • Raleigh, NC
Posted

Six Unit Building Currently Under Contract!

Purchase Price $110k to include seller paying all closing costs.

Great potential after repair to rent to single families, but since it is located directly on the property line of Barton College in Wilson, NC., its cash flow potential is exponentially increased!

Repair Estimate at $50k and can provide a detailed list that breaks down the expenses.

The college has expressed interest in purchasing the property so our top exit strategies are to rehab and sell to the college or rehab, fill with college students, and then refinance. (We would also market it to other investors in the area.)

Call, post, or email with any questions or interest.

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