If you have a buyer interested in cash flow opportunities in a small Northern California town, please send a PM.
This is a bundle deal of five properties (3 duplexes & 2 SFR) for $405k.
The Key to this portfolio is the property Manager-
He has placed and has relationships with all tenants.
All tenants are interested in staying long term.
Some/most tenants are Section 8
All properties have been inspected. They are all in good to excellent condition. All have been rehabbed/painted/cleaned up with in the last 1-2 years
The portfolio currently generates over $50k per year
If we can get farther along we have rent/lease agreements.
These seem to be the ONLY duplexs in Olivehurst and the portfolio is extremely difficult to comp.
Please let me know - KVMJ