6 Properties in One Deal >> Toledo, Ohio - Turnkey!

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6 Properties in One Deal >> Toledo, Ohio - Turnkey!

Real Estate Investor · Aurora, CO · Member since 2013 · 15 posts · 0 votes

Out of state landlord is offering a lot of 6 different investment properties, all single-family homes, in the Toledo, Ohio area. 5 of the 6 homes are currently rented, the last one was rented as late as November 2016. All units are professionally managed by licensed firm in Toledo. 

Here is a quick summary of the properties and rent roll:

5 BR/1 BA Rent: 650.00/month 773.2 Annual Taxes
2 BR/1 BA Rent: 350.00/month 481.86 Annual Taxes
- 3 BR/1 BA Past Rent: 400/month 503.00 Annual Taxes (Tenant evicted in Nov 2016, new paint/doors, etc.).
3 BR/1 BA Rent: 350.00/month 528.78 Annual Taxes
2 BR/1 BA Rent: 420.00/month 588.94 Annual Taxes
2 BR/1 BA Rent: 350.00/month 551.16 Annual Taxes

Net Monthly Collections:
$1688.60 /December 16
$885 /November 16
$752.22 /October 16
$1384.55 /September 16
$1070.40 /August 16
$1460.45 /July 16

Avg Monthly in last 6 months: $963.46

We currently use around 12% of collections for ongoing maintenance per month, some months higher, some lower. Utilities fluctuate. Spent first half of 2016 (including all rent income) to address all major maintenance items - nothing outstanding today. All taxes are current. Turnkey opportunity... management company is prepared for transfer of ownership. Firm and fair price at $57,500 for all six properties... generates at 20+% ROI return.

Please only serious inquiries. Inquire by email ([email protected]), and provide phone number, and I will get back to you.

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14 Replies

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  • Engelo RumoraBusiness Member
    Investor · Toledo, OH · Member since 2013 · 4k+ posts · 2k+ votes
    9y

    Please message me with the addresses Ben

    Thanks

  • Real Estate Investor · Aurora, CO · Member since 2013 · 15 posts · 0 votes
    9y

    Hi Engelo:

    Sent msg to you!

  • David ArendtPro Member
    Investor · Sylvania, OH · Member since 2015 · 27 posts · 1 vote
    9y
    Ben can you send me the addresses. [email protected] 4192903562
  • Real Estate Investor · Aurora, CO · Member since 2013 · 15 posts · 0 votes
    9y

    Hi David... Information as been sent!

  • David ArendtPro Member
    Investor · Sylvania, OH · Member since 2015 · 27 posts · 1 vote
    9y
    Thank you!!!
  • Bloomingdale, NJ · Member since 2016 · 16 posts · 2 votes
    9y

    Hello Ben. Is he looking for all cash or is he willing to hold a note? Please send me the addresses as well. Thanks

  • Real Estate Investor · Aurora, CO · Member since 2013 · 15 posts · 0 votes
    9y

    Sent info via message/connect.  FYI.

  • Investor · Denver, CO · Member since 2015 · 38 posts · 5 votes
    9y

    @Ben Startz , Interested. Can you send addresses and details?

    Thanks!

  • Engineer · rockville, MD · Member since 2016 · 82 posts · 15 votes
    9y

    @Ben Startz can you send more info and addresses to my email pls or share it on PM please

  • Investor · Boucherville, QC · Member since 2016 · 1 post · 0 votes
    9y

    Please send me the address?  Thanks.  

  • East Brunswick, NJ · Member since 2016 · 12 posts · 1 vote
    9y

    Hi Ben, Please send details to [email protected], if the properties are still available. Thanks.

  • Real Estate Investor · Scranton, PA · Member since 2016 · 27 posts · 3 votes
    9y

    I am looking for information pertaining to these properties. Please 

    [email protected]

    Thank you

    Beverly 

  • Miami, FL · Member since 2017 · 9 posts · 0 votes
    9y

    Are those properties still available if so please email me at [email protected]

  • Columbus, OH · Member since 2016 · 36 posts · 4 votes
    9y

    please email me details if its still available at [email protected]. Thanks!

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