Value-Add Investment Property – Strong Cash Flow with Upside Potential
This is a solid Value-Add opportunity consisting of a collection of cash-flowing buildings. The current ownership has strategically allowed leases to expire or move to month-to-month, giving a new owner maximum flexibility for rent adjustments and repositioning.
These are older, well-maintained buildings overseen by an on-site property manager who lives in one of the units. All necessary maintenance has been handled promptly, and there is no deferred maintenance anticipated in the near future. The mechanical systems and structural integrity are in good shape.
Key Highlights:
• Below Market Rents: All units are currently rented below market, presenting a strong upside for a new owner through gradual rent increases.
• Stable Tenancy: Tenants are unlikely to move over modest rent increases (e.g., $50/month).
• Live-in Property Manager: The manager has lived rent-free for 20 years. This unit could easily generate $1,000–$1,500/month if monetized, depending on whether the tenant is retained.
• Out-of-State Ownership: The current owners have kept things simple due to remote management. A hands-on buyer could unlock further value.
• Turnkey with Cash Flow: While this isn’t a flashy asset, it’s a dependable earner with room to grow.
Financial Summary:
• Ideal for 1031 Exchange
• Cash Buyers Only – No Owner Financing
• Estimated Return: 8%+ Annual Cash-on-Cash
This offering is best suited for investors looking to park capital for stable returns, or those seeking a light value-add project with minimal risk and strong fundamentals.
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