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Updated over 9 years ago on . Most recent reply

User Stats

19
Posts
4
Votes
Arthur Zavala
  • Wholesaler
  • San Diego, CA
4
Votes |
19
Posts

Multifamily 18 units for Sale in Texas - $550,000

Arthur Zavala
  • Wholesaler
  • San Diego, CA
Posted

Collect $10,000/month (in Gross Rents) OR MORE on this

18-Unit Property

Collect $2,654 Net Cash Flow/month (at 90% occupancy) OR MORE on this18-Unit Property in Pine Grove Community the easternmost city in Texas!

• Are you looking for real passive income?
• Are you looking to multiply your returns in real estate?

Class B/C building in Class B location!

PRICED TO MOVE QUICKLY: $550,000

This multifamily property offers multiple money-generating strategies:
Ø Gated 18 unitsØ Cap Rate > 11%Ø Overall well maintained facilitiesØ Each unit pays its own monthly electric bill Ø 90% Occupied (2 vacant units) At 95% occupancy, monthly net cash flow is $3,204
At 100% occupancy, net cash flow is $3,754Ø Stable Area, Stays RentedØ Opportunity to raise rents

This is an off-market deal.

Please contact Arthur Zavala 
I look forward to hearing from you!

Or we can partner together…

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