Seize this high-cash-flow investment opportunity in Ahoskie, North Carolina! This 11-door rental portfolio offers a mix of single-family homes, duplexes, and a triplex, all strategically clustered for efficient management. With stable, long-term tenants, light value-add potential, and strong ROI, this deal is perfect for buy-and-hold investors or those targeting Section 8 opportunities.
Property Overview
- Portfolio Size: 6 properties, 11 total doors
- Property Types: Single-Family Residences (SFRs), Duplexes, and a Triplex
- Current Monthly Rent: $3,485
- Pro Forma Monthly Rent: $4,385 (with light value-add)
- Cash Price: $300,000
- Estimated Cap Rate: 17%+ (stabilized)
- Value-Add Potential: Increase rents through cosmetic improvements and filling vacant units
- Tenant Status: Mix of long-term tenants and one vacant duplex ready for leasing