Buy&Hold (Rentals): 25 Single Family Rental Portfolio, Lansing, MI - No Longer Available
Updated: Dec 9, 2022
Rental Portfolio Investment Opportunity
Price
$1,300,000
26 Total Units / Single Family Rental Portfolio
Great opportunity own a solid rental portfolio in Lansing, MI. This package is currently located in a college town, home of the Michigan State Spartans. 24 Single Family Homes and One Duplex with 100% occupancy. This asset is generating over $200k in gross annual income. Property management in place at time of closing. This property is being sold at a good value of $52k/property. Instant equity when purchasing this package. Portfolio ARV: $3,250,000 or $130,000/property.
Please submit all offers to trevor.promiselandrealty@gmail.com.
Property Info:
Property Comps
"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. 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*