I am in search of someone who could help to finance the purchase of this very well run single family portfolio in the Charlotte, NC area. Please reply or email me at This email address is being protected from spambots. You need JavaScript enabled to view it. with any suggestions.
Thanks!
* 100% Occupied
* All within the Charlotte, NC MSA.
* Asking 4,400,000 | Total value of all 51 per comparable reports is 5,500,000. (Asking 80% of present-day market value.)
* 8%+ Cap Rate
* 12%+ Cash on Cash Returns
* All professionally managed with very little turnover (many 2yr leases in place).
* Opportunity for new owner to raise rents, as they have never been increased.