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Updated almost 10 years ago on .

$249,999 - 11 SFR and 1 Duplex Valued At $404,300
50 minutes from Charlotte, 30 minutes from Rock Hill, 45 minutes from Columbia. Near Great Falls Lake and Rocky Creek Lake. Home values will increase soon due to Giti Tire building their headquarters in nearby Richburg, creating 1700 jobs.
Current Rent: 4625 with 2 vacancies
Cap Rate: 14%
Estimated Rent with 2 vacancies filled: 5425
Projected Cap Rate: 17%
Property Type | Story | Occupancy | Purchasing Status |
11 Single Family Houses and 1 Duplex |
12 1 Story, 1 2 Story |
11 Rented, 2 vacant |
Available |
Monthly Financials | ||
---|---|---|
Taxes $459 |
Insurance $200 |
Property Management and Maintenance $700 |
Vacancy | Cap Rate | Projected Cap Rate |
10% | 14% | 17% |
Go to 12 House Deal or call 704-870-7339
Offering