Rental Properties For Sale
Location Illinois,United States
Asking Price Range < $250K
Gross Revenues $27000
Net Profit / Cash Flow $20575
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Health reasons.
Description 7 single family houses that are great rentals. 5 of them are rented with long-term renters making well over a 10% cap rate. Two are vacant but reasonable in price and need some work to make them rental-ready. Most homes are 2 bedroom 1 bath, one is one bedroom, one bath. Homes are located in Peoria, IL, which is a thriving market despite the economy. House sales are up and rentals are at an all-time high. These homes have many updates and need very little if any, updating, except for one home which needs renovation. Buy all or some in a package deal or individually. Average price per home is $37,628. Buy in package deal and get them much cheaper! Email or call David Castle, Coldwell Banker Devonshire at 309-645-0537 for more information on these Rental Properties for sale.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
