8 Units - Gross Rent $4,910 P/M -Asking $120K. 100% Occ.

[Shawn Ackerman]

Buyer responsible to do their own due diligence. Property sold as-is. $1500 non-refundable, IKRE,LLC is selling it's equitable interest in the property.

Please Email inquiry to [email protected]. photos available!!!!

Total Units = 8

This package includes 2 duplexes and 4 SFR's

Location: N/S side of Milwaukee

Current Occupancy - 7 of 8 units occupied.  100% Occupancy generates $4,910 Per month

Monthly NOI = $2,455.00

Cap Rate = 22%

Notes: Add an amazing performing rental property portfolio to your current rental portfolio. Or start with this portfolio to jump start your REI career. Or buy some, sell some. There's enough room on the bone to sell some of the properties at the closing table. All properties in the deal come with Extras(see below)

Extras: Deal can be purchased with property management(10% of gross rents collected), contractor, handyman on day 1!!! Leverage my lender(delay finance all 6 properties to boost leverage for greater COCR), Title Co and rental property insurance carrier at no additional cost. 

THIS IS YOUR DEAL!!!! TAKE IT!!!!

PROPERTIES:

SFR'S

1. N 7TH - $700 PER MONTH

2. N 20TH  - $700 PER MONTH

3. N 16TH - $610 PER MONTH

4. W. NASH - $600 PER MONTH

DUPLEXES

5. W. NASH LOWER $500 - UPPER - VACANT(FORMERLY RENTED AT $600)

6. S 5TH  - $600 UPPER / $600 LOWER