Listing

Property Description:

Rare opportunity to pick up a portfolio of 4 rental homes on the same street at bite size / affordable price point. All homes are on E Brookwood Place - 3 contiguous addresses are 713 ($700/mo), 715 ($700), and 717 E Brookwood Place ($717) with another in the same block at 729 E Brookwood Place ($700)! All 4 are 3BR / 1BA with a total monthly rent of $2817. Pricing based on 8.5% capitalization rate with 35% operating expense factor. Proven and stabilized property here with long term residents at under market rents! Professional property management in place - tenants responsible for their own utilities. This package is part of a larger portfolio of 25 similar single family homes listed together as MLS # 143376 and can be bought alone or with combinations of other packages broken out of the 25 total homes. See MLS #s 144574, 144575, 144577, 144579, 144581, & 144582 for smaller packages.