Hi All. Is anyone interested? Dave
All properties have been renovated and are occupied.
51 Single-Family Properties-Packaged Deal Investment in Denison, Texas (one house in Howe, Texas)
Build dates between 1900 - 1989 with majority around 1930
Size between 588 SqFt - 2100 SqFt, average size 1200 SqFt
Rent between $550/mo - $1000/mo, average rent $772/mo
This is a cash flow deal, using multifamily metrics the annual NOI is $468,000 and using a 12% cap rate would value the package at $3.9Mil.
Purchase price is $2.7Mil plus closing costs
We are looking for a direct buyer, if you are a direct buyer and can produce a proof of funds we can move very quickly.
If you are a broker/Realtor or have a buyer in mind, we would need to see a proof of funds.
Rent roll is available with 5 examples of the rehab done across the properties if you are interested.
No seller financing. No rent to own.
Proof of funds required.
