Courtesy of: Donyel Burns, Keller Williams Realty Platinum, Nancykamp@kw.com
Courtesy of: Donyel Burns, Keller Williams Realty Platinum, Nancykamp@kw.com
$460,000
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9 bed
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1,476 square feet
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5.00 Bath (5 Full)
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Lot: 0.27 Acres
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Other
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$460,000
122 Watts Street Park Hills Portfolio Rental Package ? 4 Homes | Turnkey Investment Opportunity Expand your investment portfolio with this four-property rental package in Park Hills, Missouri. Offered as a single portfolio, this package provides immediate cash flow with three homes already occupied by long-term tenants and one vacant home ready for its next tenant. Current rental income totals $2, 672 per month from the three occupied properties: 122 Watts St: Leased at $1, 000/month; 5 Pratt St: Leased at $822/month; 140 N Large St: Leased at $850/month. The fourth property, 105 S Shaw St, is currently vacant and was most recently rented for $1, 015/month, providing an excellent opportunity for a new owner to lease at market rent while maintaining flexibility. At full occupancy, the portfolio generates $3, 687 per month or $44, 244 annually in gross rental income. Priced at $460, 000, the package is being offered based on an approximate 7.5% cap rate. A complete rent roll and supporting financial information are available so buyers can review the income stream and understand exactly what is included in the portfolio.
Courtesy of: Donyel Burns, Keller Williams Realty Platinum, Nancykamp@kw.com
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