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
