12 Home Portfolio for Sale in East Texas!


 

Retiree looking to liquidate his portfolio. He purchased the properties in 06-07, He is a CA investor that has a long time manager who lives in the area that keeps the properties rented. They receive ½ mos rent credit,  and a cash bonus on top of that if they replace a tenant. Currently they are all rented, except one which is being cleaned up and there are multiple applicants who’ve applied for these properties. There is no problem keeping them rented. On a beautiful gated community with a PGA Golf Course

  • The properties bring in $10,015/mos
  • $120,180 – Income Annually
  • $10,700 – Insurance
  • $12,018/yr Property Management

Five of the properties that are within Holly Lake Ranch, a 5,000 acre gated community, have Association dues of about $5,800-$6,600/yr, He passes this cost along to the tenants in the rent – $110/per month.

You can purchase 5 properties in Holly Lake Ranch for $374,750

Price – $882,450. 16,299 Sq. Ft of property. (12 SFR’s)

For the addresses, Inquire below:

 

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