Updated about 7 years ago on .
54 Rental Units for sale
Selling a mix of single and multi family properties with a total of 54 units. Fully rented and performing.
This is a great portfolio that stays 100% occupied almost all the time. Very few turnovers. Each time we add a property to the portfolio we finish the remodel and they rent immediately if it wasn't rented before the work was completed.
These properties all received remodels within the past couple years. Many units have newer mechanicals and fresh flooring, paint, and bathroom/kitchen updates. This are not your average rental properties, they are nicely maintained and cared for.
Tenants are professionally screened with income requirements/verification and background checks. The tenants love working with the property manager and want to stay as is evidenced by the high occupancy rate.
Asking price - $2,850,000
Annual rent - $365,724
Annual NOI - $285,910
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