11 Unit MultiPlex in Florida. Owner Finance 100% occupied

[Maurice Miller]

One building has 10 units (all efficiency) and wood frame, the other one is 2B/1B and block.

These two properties are connected and sits on 2.68 acres of land.

Total of 11 units. The owner pays all utilities. The seller purchased 10 years ago and rehabbed the properties. 90-100% Occupied at any given time.

Rent: $450-550 per unit.

Rehab cost: None. Live in condition.

Owner Finance Purchase price and terms:
Price: $237K
Down Payment: $97k
Owner finance: $140K
Interest rate of 6%/with 30 years (360 Month) Amortization Balloon payment in 7 years

With owner finance this is a once in a lifetime opportunity.

This one wont last... Pics and more details available. PM me.

[Jean Bolger]

Well, if this works for someone and they find it because Maurice posted it here, why wouldn't that be just fine? I don't see the need to be catty.