This is a rare opportunity to acquire a portfolio of 12 properties where most are located near one another, offering completely hands-off management. Under the current lease structure, tenants are responsible for all repairs, resulting in exceptionally low maintenance demands for the owner.
The portfolio is fully leased and turnkey, making it an ideal cash-flow investment for an out-of-town investor, just like the current owner. With a cap rate of 7%+ from day one and additional upside through future rent increases, this is a strong, stable, income-producing acquisition.
Take advantage of very low taxes and insurance costs, ensuring that more of your monthly payment goes directly toward building equity, or straight into your pocket.
These properties are located in Allentown and Johnstown, PA areas.