Cash Flowing Four Plexes For Sale. Situated in an Income Tax Free State. Bulk package of 30 completely new fourplexes for sale. Purchase anyplace between 1-30 fourplexes. Spec inventory ready to close. 30 @ $350, 000 each = $10, 500, 000 Total Portfolio Price. Additionally seeking fund for upcoming 4 plex communities to purchase out whole creation or JV partner to co long term construct rent - sell. There are few bright spots from the multi family space recently as rising prices and selling costs have crammed cap rates down. Rising rates of interest have hammered cash-on cash returns. The spread between the cap rate and the interest rate has shrunk and vanished completely in several markets.
Those without huge down payments can't seem to find anything which will produce a cash flow. That's problematic for developers and investors alike. What's the solution? A couple years ago, a group of contractors, developers, real estate managers, and investors combined forces to see whether they could CREATE what they might no longer find. They wanted to be able to provide the marketplace with a high yield multifamily form variable which may Be built in volume and sold to the complete range of investors from Busy Professionals to institutional investors deploying billions from funds. The project required to be scalable and meant the renal need required to be strong.
The fourplex is among the most elementary building blocks from the multi family space. Our communities are comprised of plenty of fourplexes. You can purchase as much as you can really afford. If you are a personal cash flow investor searching for one fourplex we might assist you. If you are seeking for a 1031 exchange real estate of between $1M to $10M we can assist you. If you're an institutional investor or audience financing group looking to deploy large amounts of capital we may help you. The Fourplex Overview: 3, 899 Square Feet Interior. 10, 000+ - Square Foot Lot.
$3, 400\/Monthly Rent. Priced at $350, 000 per Fourplex. $40, 800 annually in Rental Income . $25, 830 in Net Income. 8.6% Cash-on Cash Return. 7.5% Cap Rate with Property Management Factored In. Brand New Construction. Spec Inventory sold 100% rented or pre leased. Close when 100% rented at $3, 400 per month in total rents. 30 Year fixed rate Conventional Residential Financing Available with 25% down. Situated from an area of substantial growth and economic output. Gated community across the road from award winning elementary school. Top quality construction, finishes, and appliances. Rent prepared window coverings and appliances all included. Brick and stone exterior. Purchase one or take down a mass package that suits your requirement.
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