Description
If you have high rate of return investor - this is the deal for them - 6116 Central SW - 11 units - recently renovated and in lease up stage.Back on the market, this property is packaged for a fast, smooth and easy transaction - The owner has prepaid for inspections and provided virtual tours of the current as-is condition. Remember it's a value-add deal. The flyer contains rent roll summary, APOD, 5 year internal rate of return projection, comparable sales, property management info, summary of the $130,000 in upgrades, an inspection summary, photos, floorplans, and update on the impact of the Corona-Virus on the apartment investment marketplace.The list price is $492,172, with an average rent of $557, measures of investment performance include a GRM of 6.70, a before reserves cap r
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0BEDS
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0.28ACRES
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0BATHS
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01/2 BATHS
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4,664SQFT
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$106$/SQFT
School Ratings & Info
Description
If you have high rate of return investor - this is the deal for them - 6116 Central SW - 11 units - recently renovated and in lease up stage.Back on the market, this property is packaged for a fast, smooth and easy transaction - The owner has prepaid for inspections and provided virtual tours of the current as-is condition. Remember it's a value-add deal. The flyer contains rent roll summary, APOD, 5 year internal rate of return projection, comparable sales, property management info, summary of the $130,000 in upgrades, an inspection summary, photos, floorplans, and update on the impact of the Corona-Virus on the apartment investment marketplace.The list price is $492,172, with an average rent of $557, measures of investment performance include a GRM of 6.70, a before reserves cap r
IDX information © 2021 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Sandi Pressley Team | Coldwell Banker Legacy. Data last updated: 2021-03-03T00:04:53.003.
Listing courtesy of T & C Management, Llc. © 2021 Southwest Multiple Listing Service, Inc.