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Rear opportunity to acquire income producing portfolio of 5 homes. Desirable floor plans of 1 x3 bed, 3 x 4 bed and 1 x 5 bedroom homes with 2 vacant and 3 long term tenant occupied. Homes are priced at $285,000 each. Fully occupied proforma delivers return of 6.7 % cap rate for savvy investor. Calculations include property taxes and home insurance as owner expenses while tenants are responsible f
Rear opportunity to acquire income producing portfolio of 5 homes. Desirable floor plans of 1 x3 bed, 3 x 4 bed and 1 x 5 bedroom homes with 2 vacant and 3 long term tenant occupied. Homes are priced at $285,000 each. Fully occupied proforma delivers return of 6.7 % cap rate for savvy investor. Calculations include property taxes and home insurance as owner expenses while tenants are responsible for PG&E, utilities and yard care. The seller has several other properties that we can package in sets of 5, 10 or any other combination. Please submit offer subject to walk through inspection. Do not desturb tenants.
Based on information from the Fresno Association of REALTORS (alternatively, from the Fresno MLS). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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