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Updated over 10 years ago on . Most recent reply

User Stats

2,113
Posts
195
Votes
Alex Hamilton
  • Property Manager
  • Baton Rouge, LA
195
Votes |
2,113
Posts

$5,600 per month Turn Key Condo Conversion $300,000

Alex Hamilton
  • Property Manager
  • Baton Rouge, LA
Posted

I'am Director of an I.R.S. designated 501 ( C ) 3 Tax Exempt Community Housing Development organization. For over 30 years, my company and I have been proving affordable home ownership options to low and moderate income families, and fixed income elderly like the one in this Photo.  At the same time,  we have allowed above average passive income for investing Capital Partners.

We are converting 8 units,  all with two full Baths [Four 3 Bedroom and 4 Two Bedroom] into condominiums. $300,000 purchases two of the above buildings with comps at 159K each, which have 4,620 living area per building.  Units all Rented grossing $5,600 per month.

Proposed sale of condo units is $45,000 at a minimum.  However, our organization is allowing you to offer your own preferred dividend and deal structure that would allow you to come aboard.  Plus, the non profit organization will assist in the financing of this home ownership project, and manage it to insure you are protected by the rentals  

LEARN MORE BY GOING TO: WWW.HAMILTONINVESTMENTSCHDO.COM

Offering

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