Description
Excellent turn-key investment. A great opportunity to own a duplex in beautiful centrally located Quail Lakes. Located on a quiet tree lined street, both units have 3 bedrooms, 2 full baths, & a 2-car garage. Both units feature spacious Living Rooms w/ cozy fireplaces, Master Suites, attached garages, & inside laundries. Durable long-lasting tile roofs & low maintenance yards. Tenants pay ALL utilities. Close to everything; award winning schools, colleges, shopping & parks. PLEASE DO NOT DISTURB THE TENANTS. All units are rented. Total annual rents are $47,988. GRM is 12.82 and 7.8% Cap Rate. Similar units in the neighborhood recently rented for $2,175 per month! Potential annual rents of $52,200 with a GRM of 11.78 and 8.5% Cap Rate! A fantastic investment opportunity. A portfolio of up to 10 duplex are available in beautiful centrally located Quail Lakes.
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0BEDS
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0.18ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Excellent turn-key investment. A great opportunity to own a duplex in beautiful centrally located Quail Lakes. Located on a quiet tree lined street, both units have 3 bedrooms, 2 full baths, & a 2-car garage. Both units feature spacious Living Rooms w/ cozy fireplaces, Master Suites, attached garages, & inside laundries. Durable long-lasting tile roofs & low maintenance yards. Tenants pay ALL utilities. Close to everything; award winning schools, colleges, shopping & parks. PLEASE DO NOT DISTURB THE TENANTS. All units are rented. Total annual rents are $47,988. GRM is 12.82 and 7.8% Cap Rate. Similar units in the neighborhood recently rented for $2,175 per month! Potential annual rents of $52,200 with a GRM of 11.78 and 8.5% Cap Rate! A fantastic investment opportunity. A portfolio of up to 10 duplex are available in beautiful centrally located Quail Lakes.
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