DON'T LOOK AWAY!
If you do, this four property portfolio will be gone!
The Owner is willing to sell at a 9% Cap Rate!
Three Motels that have been renovated; AND, a 42 unit Studio Apartment Building that needs renovation.
Altogether, there are 139 units for sale at $12 Million!
OR, on a Cap Rate basis, that's a 9.1% Cap Rate!
And based on the 2017 PLS, this portfolio is worth +/-$14 Million!
In this market, that's what is called a STEAL!
To Contact David Howes try: davidATdavidhowesDOTnet OR; 7 0 2 5 0 1 9 3 8 8
AND Please #Follow David on Twitter: @DavidAHowes
Have a nice day!
If you do, this four property portfolio will be gone!
The Owner is willing to sell at a 9% Cap Rate!
Three Motels that have been renovated; AND, a 42 unit Studio Apartment Building that needs renovation.
Altogether, there are 139 units for sale at $12 Million!
OR, on a Cap Rate basis, that's a 9.1% Cap Rate!
And based on the 2017 PLS, this portfolio is worth +/-$14 Million!
In this market, that's what is called a STEAL!
30 Units
15 Units
52 Units
42 Units
If you are a qualified Buyer, and you want to take advantage of this Steal of a Deal...
To Contact David Howes try: davidATdavidhowesDOTnet OR; 7 0 2 5 0 1 9 3 8 8
AND Please #Follow David on Twitter: @DavidAHowes
Have a nice day!
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