APARTMENT BLDG REHAB / DEVELOPMENT PARTNER WANTED | - www.REIwholesaleHomes.com


APARTMENT BLDG REHAB / DEVELOPMENT PARTNER WANTED

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7 UNIT BRICK APT. BUILDING WITH
HIGH CA$H FLOW
.&. WEALTH BUILDING ROI!!
$57,807 Positive Annual Cash Flow

COMPLETE REHAB NEEDED!!!

SERIOUS PARTNERSHIP INQUIRIES ONLY!

*Proof of Rehab Funds
May Be Required At Walk Through

 

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362-366 Arnet Blvd - 6 Unit Brick - Owner Finance w/ High Cash Flow!
362-366 Arnet Blvd – All Brick Maintenance Free Exterior,
Nice Commercial / Residential Neighborhood, High Traffic Corner!

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for Larger View

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362-366 Arnet Blvd - 6 Unit Brick - Owner Finance w/ High Cash Flow!
362-366 Arnet Blvd – Before Exterior Paint


362-366 Arnet Blvd - 6 Unit Brick - Owner Finance w/ High Cash Flow!

362-366 Arnet Blvd – Neighbors Directly Across The Street

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362-366 Arnet Blvd – Neighbors Directly Across The Street

B&G REAL ESTATE INVESTMENTS

Investing In Our Community!

Whats going on at 362-366 Arnet Blvd?

 (2)- 3 bedroom apartments renting for $800

(2) – 2 bedroom apartments renting for $600

(1) – 1 bedroom apartment renting for $400

We are potentially considering using some of the apartments as small office spaces and will rent them out for $400-700 per month.

Also 2 store fronts –

  • The larger one will go for $1,400- 2,000
  • The smaller one will go for $800- 1,200

This 7 Unit Mixed Use apartment building needs rehab but is VERY STRUCTURALLY SOUND. It has an all Maintenance Free Brick Exterior and a Solid Foundation. There are 5 apartments and 2 store fronts.

Whats new?

  • * New Elect,
  • * Plumbing,
  • * New Furnaces,
  • * New Roof,
  • * New Walls,
  • * New Flooring (ceramic, vinyl and carpet),
  • * New Kitchens,
  • * New Baths,
  • * New Paint,
  • * New Lighting Throughout.

The apartment can be easily converted and used as professional office spaces creating a higher cash flow with a more stable tenant base.

 

 

If You would like to Partner With us on this building
Your Buy-In will be $9,997 Plus Rehab.
We Anticipate the Rehab To Be $50k-$75k.

The Total Rehab Cost Will Be Dictated By The Labor Resources Used to Complete Project.

(We Have Rehab Teams That Can Be Used At Cost)

 


Cash Flow is Excellent expected,After Rehab, to be getting minimum $5,600+ Gross per month rents or $67,200 per year.

Property is on a high traffic Street and Corner providing very high demand for the commercial space below.

This Building is also a 5 minute drive to downtown Rochester which features Sahlen’s Soccer Stadium home of the Professional Sports Clubs:

and…

Frontier Field http://frontierfield.org/


Home of the Minor League Baseball team “Rochester Redwings”. These two stadiums attract 100’s of thousands of fans & 10’s of Millions of Dollars in revenue on an annual
basis. Rochester is planning to upgrade a number of the surrounding neighborhoods due to the high levels of revenue that the venues and the teams bring in for the city and county yearly.

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This is expected to raise values and market rent for the area.

We will accept partnership offers with Full Rehab Cost & Management or Full Rehab Funding w/Current Owners Managing Rehab & Development.

All Prospective Partners must be willing to put down a minimum of $9,997 Good Faith Deposit With Start of Project.

This Property Is A Great Investment
In an Up & Coming Prime Neighborhood
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&

WE WILL SHARE IN UP TO 30% OWNERSHIP AND REVENUE OF BUILDING

WITH A NON-CREDIT BASED APPROVAL!!

Contact Us With Serious Inquiries By Phone or Text
585-743-9778

 

**The neighborhood is Rated a 7 (on a scale of 1-10, with 1 being worst and 10 Being Best).6, 7 & 8 neighborhoods are all neat, will provide you easy rent-ability, top market rent and great atmospheres for your tenants.

 

 

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