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Shequann Burrwell
  • Wholesaler/rehabber
  • Arcadia, FL
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341
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section 8 12% ROI in Georgia

Shequann Burrwell
  • Wholesaler/rehabber
  • Arcadia, FL
Posted Jun 19 2014, 13:57

would anyone be interested in

 Price: $3,750,000 ($48,701.30 per house)

-77 doors of rental income. 95% to 98% Section 8.

-73 single family houses in Macon, GA with a 98% occupancy rate and 95% Section 8 tenants

-2 duplexes in Macon, GA with a 100% occupancy rate and 100% section 8 tenants

-An ROI of 11.59% in year one & up to 12.63% in year four

-Section 8 rents are deposited automatically in to the management account between the 1st and 6th of the month without fail. This type of rent is referred to as Mailbox rent, because it always shows up like clock work!

im working on this deal with another investor and to avoid the deal floating all over the internet a NCND is required before moving forward  and hey are direct to seller and will only entertain a buyer or a direct to buyer relationship on this. 

if interested do please message me, call, text, or email me thank you!