Looking for Off-Market California Opportunity with Easy Management and No Headaches?!
I’m marketing these for a friend who is the Owner/Builder of these properties.
He is selling them in bulk, as they are ALL Rented and Cash Flowing!
23 homes in Yuba City, CA Same 2 Streets! Small Subdivision!
Built by seller in 2005-06, *Pride of Ownership, he has a yard maintenance company and handyman on-call for service calls as well.
These properties are not distressed, and they are not in disrepair! They are in wonderful condition, beautifully manicured with easy owner/operator management.
Because the seller is a builder, he is constantly developing properties, renting them, holding them for a period of time, enjoying the tax benefits, then he sells and repeats the process.
The seller is looking for a strong offer from a principal. We won’t be arranging calls with brokers or reps.
I will only introduce a potential buyer directly to the seller after POF is presented and verified.
Buyers- if you have an agent, you pay your own agents/brokers.
The seller is offering these in a bulk fashion as a premium asset steadily gaining equity and value.
- Fully Rented – Approx $30,000 w/upside
- 100% Off-Market!
- Price – $5.8M
- Property taxes $70k-$75k
- Insurance – $10k-$15k
- All are 3 and 4 bedrooms!
- Lawn Care provided by Landlord
- Utilities are paid by tenants
- Seller wants a cash sale, No terms offered.
- If you have a down-payment, financing can be arranged
Call me – Greg Wilson – 858-386-0949