Collect $9,350/month OR MORE on this 20 units Apartment Complex
Excellent Cash Flowing Property!
• 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 a price of Single Family Home, you can have 20 income-producing units!
PRICED TO MOVE QUICKLY: $639,900
This multifamily property offers multiple money-generating strategies:
• Current Occupancy: 100%
• CAP Rate on Actuals: 10%
• $57,805 annual NOI
• Cash on Cash Return on Actuals: 20%
Highly visible property, just off of I-30 and I-369
• 2.5 Hr drive from Dallas
• Value play: Rent Increase! To place Onsite Laundry Machines!
• Texarkana is the home for Texas A&M University
• Top Employers: Red River Army Depot (Military Base), CSM Healthcare, Cooper Tire & Rubber Company, Domtar, Walmart, International Paper, Southern Refrigerated Transport
This is an off-market deal.