Income Property - Residential Home with Cash Flow

South West

Income Property - Residential Home with Cash Flow
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Asking Price: Get Financing: $580,000

Cash Flow: $50,000

Gross Revenue: $57,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $580,000

Established: N/A

Income Property - Residential Home with Cash Flow

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Business Description

Overview:

This home is managed and operated as an income property by the current owner. Owner is very old and is not really taking care of the property. However, there are key factors in considering this centrally located residential investment property;

1: Generates a great cash flow. Rooms have been individually rented and the current property manager lives on the property as well.
2: Consistent and long term senior tenants along with short term stay.
3: Great opportunity to rehab and clean up the property to start utilizing the Air BnB platform for higher rents along with better target market.

Location Summary:

Located in a great neighborhood surrounded by Shopping; Senior Apartments; Medical and Single Family Homes.
Close vicinity to Medical District (UMC & New Medical School).
Densely Populated area with medium household income of $42,000.
Majority of the residents in this zip code are renters.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,907
Employees:
1
Facilities:
Overview: This home is managed and operated as an income property by the current owner. Owner is very old and is not really taking care of the property. However, there are key factors in considering this centrally located residential investment property; 1: Generates a great cash flow. Rooms have been individually rented and the current property manager lives on the property as well. 2: Consistent and long term senior tenants along with short term stay. 3: Great opportunity to rehab and clean up the property to start utilizing the Air BnB platform for higher rents along with better target market.
Competition:
Location Summary: Located in a great neighborhood surrounded by Shopping; Senior Apartments; Medical and Single Family Homes. Close vicinity to Medical District (UMC & New Medical School). Densely Populated area with medium household income of $42,000. Majority of the residents in this zip code are renters.
Financing:
Owner Carry - SBA financing - Mortgage as an Income Property
Reason for Selling:
Owner Lives out of Country - Good time to Sell Income Home
Business Website:
http://www.thequantifiedgroup.com
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Contact the Seller

(from currently available funds)
 
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Quantified Investment Group

Business Listed By:
Ajay Gerald Dayal

Quantified Investment Group

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