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Updated about 9 years ago on . Most recent reply

User Stats

201
Posts
44
Votes
Stephen Franco
  • Scranton, PA
44
Votes |
201
Posts

25% cap! 13 units, 4 buildings, sell as a group or separate

Stephen Franco
  • Scranton, PA
Posted

This is an example of the GREAT deals we can offer in Northeastern PA.  

Separately, with no financing, and 10% maintenance, 10% management and 10% vacancy pads, 17% cap.  higher if financed.

3 units, fully renovated, (new roof to windows to water/electric/cosmetics/everything), off street parking, 3 bedrooms each, yard, rents for 650/mo each.  $75k done and delivered

Or, a  package that can be cherry picked or bought as a group:

13 units. rented. c grade, operating. passed inspection. OK tenants, OK condition. ALL wilkes barre city except "Lee Park" which is just over line in Hanover Township.

Seller very motivated. Can close fast. Seller will pay title insurance costs, split transfer costs, clear title.

Lee Park Hanover 4 units.

Scott St WB 6 units

Franklin St WB 2 units

Grove st WB rowhouse (1 unit)

Grove will get a new roof on closing.

  • Stephen Franco
  • Offering

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