$1980/month for $109k, 14.8% Cap including PM and Vacancy Quad- Athens Georgia

[Jack Tucker]

Killer Cashflow Turnkey Opportunity

Off-market. Wholesale.  MUST CLOSE BY APRIL 30th!

100% occupancy. Leased till July 2016 $1660/mon. ($475+395+395+395) 12% cap as-is!

Market is at $1980+/month. That's a 14.8% Cap rate!!! INCLUDING VACANCY AND PM!!!

PM in place.  Truly Turnkey!

All-Brick 1 bedroom/1 bath Quad with Metal roof.

Independent Central HVAC Heat Pumps. All Electric. Pine-shaded yard.

Individually metered for Power and Water. Tenants pay own utilities.

THIS IS NOT A WAR ZONE!! Lowest unemployment in the state!
On quite Culdesac minutes to downtown, commercial/industial jobs and UGA

Read other posts about Athens GA, home of University of Georgia.

This is a SFR neighborhood with a couple of stabal multifamily quads.

Message me for more picturs, pro forma spreadsheet, sellers disclosure statements, and even the contract that you would be assuming.  Must move fast before I change my mind and buy it instead!!