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

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

Due Diligence/Financials - https://www.dropbox.com/scl/fo/t94dvjplb4rihnpfysp9t/h?dl=0&rlkey=gpirv6kqg6p9ios9ibmddnf82

Property Map