Rental Properties For Sale
Location:
United States
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Illinois
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Peoria
Industry: Real Estate > Other Real Estate
Business Summary
7 single family houses that are great rentals. 5 of them are rented with long-term renters making well over a 10% cap rate. Two are vacant but reasonable in price and need some work to make them rental-ready. Most homes are 2 bedroom 1 bath, one is one bedroom, one bath. Homes are located in Peoria, IL, which is a thriving market despite the economy. House sales are up and rentals are at an all-time high. These homes have many updates and need very little if any, updating, except for one home which needs renovation. Buy all or some in a package deal or individually. Average price per home is $37,628. Buy in package deal and get them much cheaper! Email or call David Castle, Coldwell Banker Devonshire at 309-645-0537 for more information on these Rental Properties for sale.
Financials
Asking Price Range: < $250K
Gross Revenues:
$27,000
Cash Flow:
$20,575
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Yes
About The Business
Year Established: 2005
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Reason For Selling: Health reasons.
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Click on the "I'm Interested" button above for more information on this Real Estate > Other Real Estate business for sale.
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Print Listing Id: 700102707
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