.(148571) Great Investment Opportunity to Own 34-Units with High Cash Flow,Cleveland,MS Sold

$825,000

Sold

Collect $16,500/month OR MORE on this
34-Unit Property in Cleveland, MS!

• Are you looking for real passive income?
• Are you looking to multiply your returns in real estate?
• Tired of competing over single family units?

For less than the price of many Single Family Homes, you can have 34 income-producing units!

PRICED TO MOVE QUICKLY: $825,000
Don’t miss out!

This multifamily property offers multiple money-generating strategies:

• Pro forma cap rate 10.9%
• Cash on cash return 29.4%
• 5 year annual ROI 59.4% per year
• Stable Property in hot rental area
• No repairs needed
• Great mix of twelve 3 bed/1 bath, nineteen 1 bed/1 bath, one 2 bed/1 bath, and two 4 bed/2 bath
• Priced to MOVE
• Fully occupied
• Perfect apartment starter
• Priced below market
• Room for rent increases
• Even more possible value plays!

This is an off-market deal.

For IMMEDIATE DELIVERY of the Property Package:

Option 1: Text your name & email to 662-459-8844 and a packet will be emailed within 10 minutes

Option 2: Dial the voice box at 662-459-8844 and speak ONLY your name & email – a packet will be emailed within 10 minutes

Property Details

Price:
$825,000
Address:
812 North St
City:
Cleveland
State:
Mississippi
Zip Code:
38732
Terms:
For Sale
Property Type:
Apartment

Property Location