These are 6 fourplexes for sale that are off-market assets. They are being sold as a package for all 6 or can be purchased on a one-off basis as well. The income is $12,200.00 per month gross with a positive net income return. The income per property ranges from a low of $1,950.00 to a high of $2,075.00. The asking price for all 6 will be $960,000.00. On a one-off basis the asking price is $170,000.00 each. The current market value is $1,020,000.00. These properties were purchased at the height of the market in 2006 and the seller is taking a net loss on each property. Therefore, the seller and buyer will each pay a 3% commission to my office on the consummation of the transaction at the close of escrow. This is an investment opportunity for an investor looking for instant cashflow. If you are an all cash investor the price can be lowered for a quick escrow.
Please get back to my office with serious interest.
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