2412 16th Ave, Columbus, GA 31901

***CASH SALE ONLY, NOT FOR RENT, NO OWNER FINANCING, AND NO ASSIGNMENTS*** 12-Unit Multifamily Fully Occupied For Sale/Motivated Seller WHATS IN IT FOR YOU? Fully Occupied multifamily that earns $3,100 a month and $37,200 a year. 20% Cash on cash return. Property rent never raised ! Addresses are 2424, 2420, 2416, 2412, 2408, and 2404 16th Ave, Columbus, GA, 31901. Rental estimate $390 to $450 per unit Current rent: 10 units are rented for $250 a month and 2 units are rented for $300 . Fully occupied. OUR ASKING PRICE $189,000 DESCRIPTION AND DETAILS 12 unit multi-family for cash sale. Portfolio of Six (6) Duplexes that are comprised of 12 apartments with 2 - Bedrooms and 1 bath per unit. Apartments are 100% occupied and bringing in $3,100 a month.10 units are rented for $250 a month and 2 units are rented for $300 a month. Rent is underpriced! Across the street tenants pay $400 to $500 a month. Apartments are just West of the St. Elmo Historic District in the Midtown area of Columbus.. Once again rent is underpriced. Increase rent as they go vacant to add value. Units historically stay occupied and if they went vacant rent is increased and occupied quickly. Month-to-month lease and tenants are responsible for AC and all utilities. Each unit has separate water meter and utilities. No code violations. Apartments Apartments are free and clear. LIKE WHAT YOU SEE? Contact Daniel @ (706) 225-2181 for viewing instructions and to submit offer. You can also email offers to Daniel@handoffrealty.com but back with a phone call. Have a productive week investor! CLOSING INFORMATION Closing will take place at Morris Manning and Martin LLP Text “Buy” to (706) 225-2181 more investment opportunities. DISCLAIMER *****Attention!!! We are not making a guarantee of any profit. Reports are provided from Real estate agent. Repairs are always variable dependent whether you do it yourself or hire out. Also dependent on material and Labor rates!! References are provided for Sellers’ and Buyers’ awareness. Please conduct your own Research on Market conditions and Repairs!!!! These are provided for awareness and courtesy. *************