Winston-Salem Aspire Portfolio Specialty FOR SALE


Winston-Salem, NC - Greenway
$1,415,000 USD
336-399-8679
, Winston-Salem, NC for Sale
$1,415,000 USD
Specialty - FOR SALE
1/10
null | 8.41% Cap Rate

Winston-Salem Aspire Portfolio
Winston-Salem, NC
Greenway


OVERVIEW

152K + Annual income. 10 home portfolio offered are all rented and on the Aspire program formerly Housing Authority of Winston Salem. The houses are on a 3yr auto renew lease. These houses are subsidized through this program and 86% of the monthly income is paid by Aspire, the other 14% is paid by the tenants based on income. These houses get inspected annually to comply with the Housing Standards set forth by the program. These houses have been well maintained and have had many capital improvements over the last 3-5 years. These include roofs, siding, gutters, windows, kitchen cabinets, counters, bathroom vanities, plumbing fixtures, etc. We are currently requesting rent increases to boost the monthly income.

ASK ABOUT THIS PROPERTY

Tony HartmanMilhaven Properties LLCMore Info
336-399-8679

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Tony HartmanMilhaven Properties LLCMore Info
336-399-8679

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.