Executive Summary

Pro forma cap rate 33.9%. ▫ Cash on cash return 19.2%. ▫ 5 year annual ROI 99.5% per year. ▫ Stable Property in hot rental area. ▫ No repairs needed.
2MB Sizes 3 Downloads 180 Views
Executive Summary Discounted Investment Opportunity **SELLER FINANCING AVAILABLE** 3 Property Package 1011 Navarre Ave, Toledo, OH 43605 743 East Broadway St, Toledo, OH 43605 745 Broadway St, Toledo, OH 43605

Offered by: Signature Landmark Properties, LLC (346) 212-0291 [email protected]

Table of Contents Page

Contents Table of Contents ............................................................................................................................ 1 Investment Opportunity .................................................................................................................. 2 Property Financial Analysis ............................................................................................................ 3 Market Rent & Area Report ............................................................................................................ 4 Confidentiality ................................................................................................................................ 5 Disclaimer ....................................................................................................................................... 5 Contact Information ........................................................................................................................ 6 Condition Report............................................................................................................................. 7

1

Investment Opportunity Purchase Price: $54,500 Building Class:

C

Location Class: C Investment Benefits         

Pro forma cap rate 33.9% Cash on cash return 19.2% 5 year annual ROI 99.5% per year Great rental area Great mix of two 3 bed/1 bath, two 2 bed/2 bath, and two retail/1 bath Priced to MOVE Perfect small apartment starter Priced below market Even more possible value plays!

Number of Units: 6 Style: Two-story, garden type Current Occupancy: 0% Building Square Footage: 1644, 2361, 1525 Land Acreage: .06, .04, .10 Year Built: 1907, 1910, 1950 Opportunity: Excellent opportunity for an investor to get on board with a property with value added by some rehab, and increasing occupancy and rents. Status: Under contract by Signature Landmark Properties, LLC. New Buyer will be assigned the contract to close. Price includes the assignment fee to Signature Landmark Properties, LLC. This Property is offered for sale to qualified Buyers. Proof of funds is required with all offers.

2

Property Financial Analysis

3

Market Rent & Area Report

4

Confidentiality It is acknowledged by reader that information furnished in this Executive Summary is in all respects confidential in nature, other than information which is in the public domain through other means and that any disclosure or use of same by reader, may cause serious damage; therefore, reader agrees not to disclose it without the express written permission of Signature Landmark Properties, LLC.

Disclaimer Signature Landmark Properties, LLC has prepared this Executive Summary, which contains brief, selected information pertaining to the business and affairs of the property. The information contained herein does not purport to be all inclusive nor does it purport to contain all of the information representative of the property. Signature Landmark Properties, LLC nor any of its respective partners, officers, employees or agents makes any representation or warranty, expressed or implied, as to the accuracy or completeness of the information contained herein or otherwise 5

expressed and conveyed and no legal liability is assumed or shall be implied with respect hereto. Such information and statements have in many circumstances been obtained from outside sources, have not been tested or verified and may be subject to errors or omissions. Projections, especially, are based on various assumptions and subjective determ