Gibson Capital LLC is happy to present this 21 Single Family Home package. The most current information we have is contained within the attached Excel spreadsheet.
100% Occupied w/Lease(s)
Year Built: 2000 - 2006 (Average 2003)
All 3 bed 2 bath up to 5 bed 3 bath
Size range from 1,343sf - 2,485sf (Average 1,719sf)
Rents Range: $850/mo - $1,050 (Average $935/mo and have room for improvement)
Gross Rental Income: $19,625/mo x 12 = $235,500/Year
Net Rental Income: $15,666/mo x12 = $187,992
NET Purchase Price: $2,800,000 (Buyer to pay all closing costs)
This package is the one you have been waiting for. Tight proximity for easy management, income stability, newer product, perfect bed/bath/sizes, and can be purchased today for half of what it will be worth in the near future.
Buyer to verify all information as seller makes no claims or warranties expressed or implied. Buyer must perform due diligence and hold seller harmless. Wholesale price is a "net to seller" price. No SPDS no Clue, As-Is sale. One or more members of the selling entity is a licensed real estate agent in the state of Arizona and all properties are either owned or in an equitable title position selling or assigning an equitable title position. If you wish to opt-out then reply with “opt out.
1. All cash or hard money only.
2. Price is NET TO SELLER. Realtors (or other originating professionals) must add your compensation ON TOP of net figure.
3. All closings will happen at Seller's choice of title company: Fidelity National Title Insurance Company (Tempe AZ Branch)
4. 7 Day inspection periods will be given. 7 Day close. 14 total calendar days.
5. Do NOT disturb tenants. Drive by only.
6. Single entity private Seller
7. No Assignments & No double escrow - Transactions will be direct between Buyer & Seller.
8. All leases will be provided once escrow is satisfactorily opened.
9. This package can NOT be split up. Seller requires all 21 units sell in a single transaction.
Contact me and I can send you the spread sheet of property demographics