This property is 1 of 7 in a portfolio being sold ONLY as a package. Package asking price is $305k; 100% leased with cap rate between 9-14% on this package. Current rent for this property: $550/mo; other properties in this package include: 1020 Linwood, 2964 Goodlett,1154 Western Park, 1134 Western Park, 4523 Mallory, 4606 Percy, and 4605 Birdsong Ferry, motivated seller, BRING ALL OFFERS!!!***DO NOT DISTURB TENANTS***Current Rent Roll and Cap Rate sheet is In the Documents
Go West on Shelby Drive from Elvis Presley, turn Right onto Linwood. Home is on the right side
The approximate monthly Principal & Interest payment for this property would be $350. This payment is based on a 30-year loan at a fixed rate of 3.90 % with a down payment of $5,800. Actual lender interest rates and loan programs may vary.
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