$1,499,999
RARE opportunity to purchase an entire portfolio of 23 BRICK rental homes in ONE PACKAGE! Priced at $1,499,999, this offering provides an investor the opportunity to acquire an established income-producing portfolio in one transaction. ALL 23 HOMES ARE CURRENTLY RENTED, providing IMMEDIATE CASH FLOW! Current rents total approximately $19,175 PER MONTH or $230,100 PER YEAR in gross scheduled rental income. The portfolio includes approximately 29,960 total square feet, 69 bedrooms and 30 bathrooms. Several properties have received updates in recent years including roofs, HVAC systems, flooring, paint, appliances, countertops and water heaters. These are established rental properties being sold together as an investment package. HOMES INCLUDED: 1900 Meadow Dr | 1902 Meadow Dr | 1908 Meadow Dr | 1910 Meadow Dr | 1905 Skylane Dr | 2003 Skylane Dr | 2010 Skylane Dr | 1900 Flintlock Dr | 1902 Flintlock Dr | 2006 Flintlock Dr | 2009 Flintlock Dr | 2011 Flintlock Dr | 2015 Flintlock Dr | 1905 Riverview Cir | 1907 Riverview Cir | 1912 Riverview Cir | 1925 Riverview Cir | 1930 Riverview Cir | 1956 Riverview Cir | 1960 Riverview Cir | 1969 Riverview Cir | 1971 Riverview Cir | 2018 Riverview Cir. Whether you are looking to expand an existing rental portfolio or acquire multiple income-producing properties at one time, this package offers a unique opportunity to purchase 23 currently rented homes in one transaction. Complete property list and details included in photos. Leases and occupancy are subject to change. Rent amounts, property details, updates and all other property information can be verified by purchaser during the due diligence period.
69
Beds
⋅
30
Baths
⋅
170033
MLS
1900 Meadow Dr, Albany