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
3 Br./ 2 Bth., 2 car garage, 2070 sq ft $895/mo to Rent. $98,550 to Buy.
2br, 2bth, 1000 sq ft, $875/mo to Rent. $73,950 to Buy
3 br./2bth., 2 car-carport, 1700+ sq ft All new flooring, new paint inside and out. New kitchen appliances! $950/mo to Rent. $79,950 to Buy.
3br 2bth home, 1700 sq ft, Located just off Hwy 2869 $825/mo to Rent. $72,950 to Buy.
3br, 2bth, 2 story, 1300+ sq ft, $895/mo to Rent. $74,950 to Buy.
3 Br./ 2 Bth., 2 car garage, on Clear Lakes, 1568 sq ft New paint inside and out and new flooring. $750/mo to Rent. $69,775 to Buy.
2br./1bth. 850 sq ft $675/mo to Rent. $54,975 to Buy.
2br, 2bath home, 1300 sq ft, $850/mo to Rent. $65,950 to Buy.
3 Br./2 Bth., 2 car -carport,1467 sq ft New paint inside and new flooring. $975/mo to Rent. $79,550 to Buy
2br./2bth., Carport w/ enclosed storage, 920 sq ft New paint inside, all new flooring, new countertops, new cabinets, new vanities, new kitchen appliances, just like new inside. $750/mo to Rent. $59,950 to Buy.
3 Br./ 2 Bth., 1200 sq ft New paint inside and out, new flooring, and countertops $775/mo to Rent. $74,550 to Buy.
3 Br./1 Bth., 2 car garage, 1586 sq fts $750/mo to Rent. $69,775 to Buy.
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: