Specialist · Long Beach, CA · Member since 2011 · 888 posts · 401 votes
We have about 40-beautiful units available for sale in South Carolina. There are a total of 100-units in this complex, and each one was fully renovated over the last 2 years. They were converted to condo's for separate purchase. The local college has a 5-year lease on all units. And management and maintenance are included for the 5-years. Prices start at $49K-$77K. Returns are modest at around 8%.
This is a great opportunity for buy and hold. If you do not want to keep your unit, you can sell back to the management company in the future. Message me if you have interest.
We still have some of these units left! Owners will buy back your unit after 5-years at 112% of the purchase price. This is truly a win win deal for an investor looking for a simple and solid return.