Great Cash Flowing 4 unit in Western Michigan

HavePropertiesResidentialFourplex
Classifieds

Great Cash Flowing 4 unit in Western Michigan

Investor · Metamora, MI · Member since 2017 · 3 posts · 0 votes

Great cash flowing 4 unit just south of downtown Kalamazoo. All units are

currently occupied and have the potential for raising the rents. Ideal location

near commerce and residential area. Currently being rented with all utilities

included, possible value play by splitting utilities for each unit separately,

which could raise cash flow $108 per month. Great value with price per unit at

$21 K, purchase cap rate of 13.75 and cash on cash return of 13.67% (Cash

Sale), this one is a no-brainer. With an ARV of $143 K+ based on the market

cap and NOI this one won't stay on the market long, so Hurry!

0Reply
10 views

Most Popular Reply

Battle Creek, MI · Member since 2018 · 38 posts · 3 votes
7y

still have it?  Terms? address?

See this reply in the discussion

7 Replies

Jump to latestLatest
  • Member since 2018 · 15 posts · 1 vote
    7y

    Craig,

    Can you send me information on this property to [email protected].


    Thank you,

  • Farmington, MI · Member since 2017 · 41 posts · 7 votes
    7y

    Hi Craig,

    I am also interested in the units. Would you please send me more info at [email protected] ?

    Thank you!

  • Baltimore, MD · Member since 2016 · 5 posts · 0 votes
    7y

    Hi Craig,

    Would you be able to send me additional details if this property is still available?  

    [email protected]

    Thanks,

    -Max

  • Rental Property Investor · Santa Barbara, CA · Member since 2010 · 6 posts · 0 votes
    7y

    Hi there.  Please email additional details to [email protected].   Thank you.  

  • Rental Property Investor · Springdale, MD · Member since 2018 · 65 posts · 24 votes
    7y

    are there any pics you can share. You mentioned ARV which means there is rehab involved, any estimated cost? pls share any details [email protected] thanks

  • Battle Creek, MI · Member since 2018 · 38 posts · 3 votes
    7y

    still have it?  Terms? address?

  • Keith GraysonPro Member
    Oakland, CA · Member since 2016 · 8 posts · 1 vote
    7y

    Hello @Craig Potter,

    Is this unit still available for sale?

    If not, what other units do you have available for sale? 

    Feel free to send me an email at: [email protected].

    Best regards,

    Keith Grayson

Join the conversationCreate a free account to reply, vote on answers and follow this thread.