Updated over 9 years ago on . Most recent reply

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