FS Houses - 4 Property Portfolio - Cash Cow

[Ryan Mullin]

Cash Cow!  4 property package.  All occupied but in different stages of lease. All performing.  NO DEFERRED MAINTENANCE.  These properties have been very well maintained by local owner / investor and FS Houses (in house) property management. Full rehabs were completed in 2012.  

This is a cash, as-is deal.  Inspections are welcome but no repairs will be made.  

3 Different east side neighborhoods with strong ARV and 1 west side area with low property taxes and great cash flow. The 4 properties combined produce a 10 cap. Thats with cleaning, maintenance, vacancy, property management, taxes, insurance AND Capex figured in.

1326 Chester - 650/month 

1401 Phillips - 695/month

321 Wallace - 750/month 

3936 Fletcher - 675/month

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$170k total.  =  $42,500 Per property.