TownHome Complex Available in Houston Texas

[Corey Birger]

Portfolio available in Houston Texas at 98% occupancy rate.

Basic info below, please contact me for more information.  

Gross Rents:

$110,600 per month

Expenses:

1. Property Tax: $11,700/month

2. Water Bill: $6000 / month

3. Management: $5000 / month

4. Maintenance: $2000 / month

5. Lawn Care: $1500/ month

6. Trash/Garbage: $500/ month

(26) 2/2/2 1,150sf to 1,200sf Market Value: $140,000 per unit = $3,640,000.00

(71) 3/3/3 1,300st to 1,500st Market Value: $166,000 per unit = $11,786,000.00

Valued at: $15,426,000.00

Asking Price: $12,493,000.00

It is like you are getting the other 25 Units for FREE!!

Plus they kick back $1,327,200.00 a year in GROSS RENTS

You could look at selling off the 2/2's for capital, lowering the operating expenses, infusing capital.

Let me know if you are interested in more information!!!