14 fourplexes for sale
Asking price $3,000,000 for 56 units - Must be sold in package.
Annual gross revenue almost $640,000. Cap rate about 11%
NO OWNER FINANCING AVAILABLE. All units are good shape. Only 2 vacant out of 56. 11 of 56 are section 8. Approx sq ft per building is 5500. Flood insurance only $471 per building for 12 buildings. The other two don't require it.
NOTE: There is NO owner financing available. Seller is retiring and looking to cash out.
NO WHOLESALERS. NO REALTORS. Serious buyers only!
Proof of funds letter from a legitimate bank required. PM for more info.
Offering