TITLE:
Townhomes
CONTROL:
Partner
VALUE:
$1,700,000
LOAN:
$0
EQUITY:
$1,700,000
TYPE:
Multi-Family
HAVE:
3 townhouses (6 units) done in 6-7 months, ready for permitting, $250,000 deposit, 1.65M buyout at the end, rent for $2200 per month ($13,200), 158,400 annually
ADDRESS:
2014 Forest Lane, Kansas City, Kansas
BENEFITS TO NEW OWNER:
monthly income, long term investment rollover, use of 1031 capital, inhouse engineering and architecture, direct sourcing for materials, supply chain insulation with 50,000 sf warehouse for materials, Institutional investors for exit strategy
GROSS SCHEDULED INCOME:
$158,400 Projected
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$158,400
EXPENSES:
$0
NOI:
$158,400
DEBT SERVICE:
$0
CASH FLOW:
$158,400
CAP RATE:
9.32%
BENEFITS SOUGHT:
sale to generate additional projects
REMARKS:
Other opportunities exist for JV or private lending if you have capital you want to invest in the Build to Rent Industry.
COUNSELOR:
Pierre Heidrich
Bi-State Realty Group, LLC
751 NE Anderson Ln
Lees Summit, Missouri, 64064
