SOLD!!! 100% OCC / 10 Units / P/P $230K / $6,590 /

[Shawn Ackerman]

Buyer responsible to do their own due diligence. Property sold as-is. $1000 non-refundable, IKRE,LLC is selling it's equitable interest in the property.

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

Gross Rents - $6,590 per month  (Verifiable)

Property - 10 units / 7 properties

Things to know - Portfolio consists of 1-4 unit, 1 Duplex & 4 SFR's.  All properties are currently under professional management and are cash flowing.  All furnaces, plumbing, electrical and roofs are in solid condition. however properties have some cosmetic interior work required (when new lease up occurs)  NO CODE VIOLATIONS ON ANY OF THE PROPERTIES

Properties are located in areas ranging from C- to B.

Notes: Solid addition to any portfolio. Solid starter portfolio and amazing cash flow. Tenant lease terms are a mix of rent assist/1-year lease & MTM.

Extras: Deal can be purchased with property management(10% of gross rents collected - Negotiable), contractor, handyman, lender, property insurer, conventional lender etc... on day 1!!! Leverage my network for high success.

suggested strategy is buy with seller financing the refinance with conventional lender to improve cash flow.