13 unit, 12 property residential investment portfolio

Highlights:

• 13,000 SF of buildings across 12 properties
• 13 units - under market rents
• Zoned residential
• Tallahassee location
• 77% occupancy - significant upside with lease up and rental rate increases

Description:

12 Property portfolio, 13 units $137,000 per door. Owner Financing avail. WAC, and substantial down payment. Rents are currently under market. 3 units are currently vacant. ALL PROPERTIES MUST BE SOLD TOGETHER, INDIVIDUALLY THE PROPERTIES ARE WORTH MORE THAN THE PACKAGED PRICE. 6 townhomes, 1 duplex, 5 Single Family homes - CURRENT GROSS INCOME $12,500 per month, fully leased up at market rent should be $16,475 per mo. Most have recent roofs. Showings / inspections available with a contract. Call Jim for details

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