8 Home Package Deal in Spartanburg County All Rented ONLY $400K

209 Wardlaw Ave Spartanburg, SC 29302

1910
Sold

8 Home Package Deal in Spartanburg County All Rented ONLY $400K

Casa Sold - Spartanburg SC

8 Single Family Properties:
209 Wardlaw Ave
Spartanburg, SC 29302
3 Bedroom
1.5 Bathroom
1,080 SF
Currently rented $295/mo (Month to month Lease)
ARV: $95K
 
352 Sharpe St
Woodruff, SC 29388
Single Wide Mobile Home
2 Bedroom
1 Bathroom
928 SF
Currently rented $495/mo (Month to month Lease)
ARV: $50K
 
544 Perrin Ave
Woodruff, SC 29388 
2 Bedroom
1 Bathroom
952 SF
Currently rented $495/mo (Month to month Lease)
ARV: $75K
 
161 Waters Rd
Inman, SC 29349
3 Bedroom
1.5 Bathroom
1,092 SF
Currently rented $595/mo (Month to month Lease)
ARV: $120K
 
1 Littlejohn St
Inman, SC 29349 
2 Bedroom
1 Bathroom
1,080 SF
Currently rented $555/mo (Month to month Lease)
ARV: $100K
 
7 Bridges St
Inman, SC 29349 
2 Bedroom
1 Bathroom
980 SF
Currently rented $500/mo (Month to month Lease)
ARV: $95K
 
731 Springhill Ave
Spartanburg, SC 29302
2 Bedroom
1 Bathroom
1,080 SF
Currently rented $595/mo (Month to month Lease)
ARV: $95K
 
764 Kenmore Dr
Spartanburg, SC 29369
3 Bedroom
1 Bathroom
1,008 SF
Currently rented $595/mo (Month to month Lease)
ARV: $95K

Link to Street View Pics – https://photos.app.goo.gl/KKXcWwBRdyVAjJ9v9

Current Rents: $4,120/mo
Market Rents: $6,000/mo++
Total ARV: $725K++
Wholesale Package Price ONLY $399,900
 
CAP RATE POTENTIAL
$6,000/mo X 12 = $72,000/yr GOI
$72,000 – 35% (Expenses) = $46,800/yr NET INCOME
$46,800 / $399,900 = 12% CAP RATE
Seller Carry Available with 50% Down
Don’t miss out on this cash flow opportunity!
Serious buyers contact me for details.
Kevin Cook
c 864-551-0740
e kevincookinc@gmail.com
Property Features
  • Casa
  • 19 bed
  • 10 bath
  • 10 Toilet
  • Satellite
  • Street View
  • Transit
  • Comparables
Real Estate Agent