19 Turnkey SFR Portfolio with $340k+ in gross annual rents

Asking Price$2,933,333

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.20771

Price per Sq. Ft.$141.00

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19 Turnkey SFR Portfolio with $340k+ in gross annual rents


Asking Price$2,933,333

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.20771

Price per Sq. Ft.$141.00

Property Description
Current portfolio metrics:
• 100% occupied
• Approximately $28,500/month in gross rental income
• Professionally managed by EPIC Property Management
• Majority of properties acquired off-market between 2018–2020
• Significant rehab work completed across the portfolio
Property locations include:
• 3 Warren
• 3 Eastpointe
• 2 Madison Heights
• 2 Oak Park
• 2 Southfield
• 2 Westland
• 1 each in St. Clair Shores, Clawson, Hazel Park, Harper Woods, and Roseville
About the Property
Type
Multi-Family
Building Status
Established
Facilities & Assets
Current portfolio metrics:
• 100% occupied
• Approximately $28,500/month in gross rental income
• Professionally managed by EPIC Property Management
• Majority of properties acquired off-market between 2018–2020
• Significant rehab work completed across the portfolio
Location Description
Property locations include:• 3 Warren• 3 Eastpointe• 2 Madison Heights• 2 Oak Park• 2 Southfield• 2 Westland• 1 each in St. Clair Shores, Clawson, Hazel Park, Harper Woods, and Roseville
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Current Property Expenses
This portfolio is currently managed by a third party property management company. Expenses include insurance, taxes, property management fees, repairs & maintenance.Tenants pay for utilities.
Listing Info
ID:
2505373
Listing Views:
17
Attached DocumentsAttachment Disclaimer

LGP Portfolio Details_BBS.xlsx

Business Location

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Property Listed by: John Tibbitts

Listing ID: 2505373 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.