5220ft² - Perfect Storm situation for the Investor for sale in Perryville, Kentucky

$120,000

Owner is toast - really wants out. This is the best storm for the Investor. Seller has actually had these homes for 10+, 20+ and 25+ yrs.

Great properties, great income, under performing, seller has actually already retired-- now to top it off - just had a "health event". He is done-- here's how you can benefit. Note this owner is a sharp investor-- these homes have actually made excellent, strong earnings all these years - he is just done-- and that is the opportunity.

Someone called the other day and wanted them full - I informed her if they were full they 'd be 3 times the price they could be purchased today. Throw an ad in the paper, field a few calls, fill them up and you're rolling.

All of us know that - purchase existing numbers today, then do your thing and enhance the earnings and values. Easy recognition with this 4, 5, 7 and 11 plex. All within 15-20 min of each other. One trip to show and fill them, one set of vendors to do repair works, and so on

. Examples: 5,220 sf, 7-plex = 25,000 / yr earnings = asking 120,000 (require an offer).
4,327 sf 5-plex = 22,000 / year income-- in historical district = asking 130,000 (require an offer).
11 system mobile home park zoned C-1 = 29,800 / year earnings-- right in the area (think scrape in future) = asking 165,000 (require an offer).

Perfect opportunity for a wise investor to swoop in and grab all 4 handle one at a take.

Call Jeremy James RE/MAX Elite Bluegrass Team - Jeremy will certainly save you money, conserve you time and will have your back. .


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