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Read First This is a C rated properties – we gave it C rating due to the lower schools rating and ages of most properties. Seller’s agent already indicated that they have one “weak” offer and 2 or 3 others have called and seems serious buyers (as of 2/8/2022) -> It’s important to proceed as […]
About this packet has: Four duplexes (i.e. 8 doors/units) Simply Do It’s suggested offer per duplex: $160,000 One 5-units apartment building + a storefront Simply Do It’s suggested offer for the building: $230,000 Asking price for the entire packet: $1,045,000 IMPORTANT Actual address: call/email/ask us. Any rental and lease info has not been verified yet […]
See discussion and additional Q&A in the comments section below MUST-READ The suggested Simply Do It (SDI) offer/prices are based on group purchases and multiple offers submitted to the same seller – GROUP POWER. Suggested offer prices HAVE NOT been negotiated yet – prices are not confirmed. Priority will be given to investor-buyers that are […]
About this property/opportunity The owner is a client of SDI’s local property management co. 280k is the negotiated price w/ the seller. It’s older but a solid rental. The tenants are both good on payments and due for increases to 1200.00. Paying 1050 and 1125 right now through May 31. Schools: 8/7/5 Next Step Email/text/call me […]
2248 sq ft
4 beds
3 baths12 property, 14 unit portfolio of rental properties with locations across west Birmingham and Bessemer Opportunity to fill vacancies on lease ready units immediately Properties in need of renovation provide an opportunity for a higher rent, post-rehab Prop. Code SIZE YEAR Rent Value Ask/$sqft Gap Discount #1-4524 696 1950 vacant $32,000 $18,543 -$13,457 42% […]
12200 sq ftProp ID Sq Ft Yr Beds Bath Rent Statues Market Value Sec Deposit Comments #A-2838 1039 1952 3 1 $1,430.56 Leased $150,000 $675 Roof – 2016 #A-2839 976 1951 3 1 $1,643.96 Leased $150,000 $950 Roof – 2018 , plumbing – 2018, AC (window unit) – 2018, vinyl plank flooring 2020 #A-2811 812 […]
6279 sq ft17 beds8 bathsFinancial Analysis / Deal Attractiveness Years: 5 Cap Rate 11.3% Net Cash Flow $44,186 Equity Increase $78,929 Total Gain $123,115 Average Cash Flow/Year $8,837 Average Cash Flow/Month $736 Average Gain/Year $24,623 Average ROI 156.8% Annual ROI 31.4% Projected Property Value $334,580 IMPORTANT The asking is $275,000 per building (per 4-plex). SDI’s suggested offer is $265,000 […]
3120 sq ft8 beds4 bathsStrong portfolio of seven single-family homes in St. Louis, Mo. Five Section 8 tenants. One unit vacant (can be delivered vacant or occupied w/ another S8 tenant). One S 8 tenant in process of moving (can be filled w/ another S8 tenant or delivered vacant). Inspections are for buyer’s informational purposes only. Must be purchased […]
8872 sq ft23 beds12 bathsStatus update SFH – no longer available Duplexes – 3 are still available Location Highlights Very desirable area – has one of the best high schools in the area, in a good school area. Platt county – the richest and the fastest growing county in Missouri The median household income is $76,000 Close to […]