17% return from day 1. Business includes a small rental portfolio of 7 single family homes in the Atlanta metro area (zip codes: 30058, 30297, 30310, 30315). All homes have been renovated within the past 5 years and have strong rental histories. Currently gross monthly rent: $4,730/month. The package price of $227,950 will generate a 17% return (cap rate) after expenses. Individual properties may be excluded from the package at buyer's discretion. Additionally, seller has other properties which may be included for a larger sales price. Owner may consider staying on as property manager for a brief period after the sale to allow for a transition to the new manager/owner. Seller is happy to provide further details upon request, but please do not disturb the current residents.
For more information please contact at 678-860-1901.