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Buy&Hold (Rentals): 132 SFH Portfolio, Warren, Eastpointe, Hazel Park, Roseville MI + SOLD

Updated: Jan 20

Single Family Investment Opportunity














Price

$12,400,000



132 SFR Warren - 111 properties Eastpointe - 12 Properties Hazel Park - 3 Properties Roseville - 3 Properties Mt. Clemens - 2 Properties Harper Woods - 1 Property


(28 Section 8 Properties)


Great opportunity to invest in a turnkey package in Metropolitan Detroit areas such as Warren, Hazel Park, Eastpointe, and Roseville. Seller Financing is available with the following terms: - Will listen to offers on terms. 28 homes are section 8. Owners are paying property taxes, insurance and property management fee at 8%. Leasing fee is 1 months rent. Renewal leasing fee is 25% of one months rent per annum. If property is vacant they are paying utilities and lawn care/snow removal. If occupied the tenant is responsible for lawn/snow and all utilities including water. Gross Rental Income: $1,350,058

Additional Information Available upon request. Please submit all offers directly to sarter@promiselandrealtyllc.com.


Seller Financing Terms:

20% DOWN, 3 Year Land Contract at 7.5% Interest Only



Property Map



"Your #1 Source for Off Market Investment Properties, NATIONWIDE"





PROMISE LAND REALTY, LLC

Work: 864-762-2509

sarter@promiselandrealtyllc.com


All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*



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