Wholesaler · Wichita Falls, TX · Member since 2016 · 724 posts · 54 votes
10 of these doors are currently occupied at or below market rents. All have been updated to todays standard for serious buy n hold investors. meaning, nothing was barred. The vacants should only need basic make ready and cleaning. Gross caps range between 17-22%, net avgs 13% depending on what your PM charges. PM does not come with this deal. Can be cherry picked. Average PP is around $50K
Monthly rent is $13,000 and gross is $156000 before expenses.... The package is a buy now and be out free and clear within 10 years with a cash purchase.
Rental Property Investor · Columbia, SC · Member since 2010 · 1k+ posts · 2k+ votes
9y
Marvin S. 29203 is the least desirable zip code in Columbia in my and most of my network's opinion. Interested in anything you have in 29205 or 29201. Please let me know if you have anything there.