Turnkey Occupied Rentals Portfolio 17% Cap

0 views
Skip to first unread message

tlminvestments

unread,
Mar 2, 2009, 4:39:07 AM3/2/09
to Commercial Real Estate Investment
My client has 11 SFR & Duplex occupied turnkey rentals located in
Pontiac, MI. Everything is new, no rehab needed! Great neighborhoods.
Properties have Section 8 tenants producing cash flow. Client is
selling off part of his investment portfolio to focus on commercial
real estate opportunities.

Portfolio Details:
Price = $410K.($37K avg. per property)
Net income = $68,760/yr.
Cap rate = 17%.

PLEASE CONTACT US TO RECEIVE A SPREADSHEET DETAILING THE INCOME/
EXPENSES AND PHOTOS. Serious Cash Buyers Only.

Don't miss out on this excellent investment opportunity

Travis L. McKee
TLM Investments LLC
(248)322-1009 office
(928)396-1009 fax
tlminve...@gmail.com
Reply all
Reply to author
Forward
0 new messages