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Description
INVESTORS TAKE NOTICE!! 9.1% CAP Rate! CASH COW!!!
This sale consists of 7 houses being sold as 1 package. There are 6 multi families and 1 single family home. All houses are rented by College students and are fully rented for the 2022 - 2023 Academic year! 9.1% CAP rate for the 22-23 School year. All houses are very well maintained as you can see from the attached pictures and all permits are in place. This business has been run for 15 years by the same owner. Every house has plenty of off street parking. All big tickets items in each house are on the newer side, only 1 roof is older than 10 years.
POF's need to be sent to Listing Agent before all financial and other information will be shared.
Also listed under Multi Family MLS # 170468207
Location
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Listing Agent: Joe Scarpellino Courtesy of: Coldwell Banker Realty The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Updated: 29th June, 2022 3:11 AM (UTC)
