Business Summary
Strong 8% CAP – Newer Home Located In Phelan, CA!
Turnkey, High CAP Rate Residential Investment Opportunity With Solid Lease – ONLY $163,310!
Primary Features:
* Great Investment Property In San Bernardino County!
* Newer Home Located In Phelan!
* With Existing Tenants!
* A Turnkey Investment Property!
* Standard Sale – No Waiting For Bank Approval!
* Motivated Seller!
* Looking For Quick Escrow!
* Distinctive Exterior Style!
* Plenty Of Room For Growing Families!
* Great 360 Degree Views!
* Existing Tenants With One Year Remaining Lease!
* Sales Include Stove, Dishwasher, Built-in Microwave, & Blinds!
* Two Remotes Garage Door Openers!
* Hurry – This One Won’t Last Long!
Benefits:
* Inviting Ceramic Tile Entry!
* Wall To Wall Carpet!
* Open Floor Plan!
* Inside Laundry With Storage Cabinets & Deep Sink!
* Comfortable Family Room FOr Large Family Gatherings!
* Master Suite Includes Spacious Walk-in Closet!
* Open Master Bath With Garden Tub, Sculpted!
* Bull-nose Drywall Corners Throughout!
* Concrete Tile Roof!
* Covered Patio!
* Fully Finished Dry-Walled Oversized Garage!
* New Air Conditioning System!
* New Hot Water Heater!
* Fireplace In Living Room!
* Central Cooling System!
* Carbon Monoxide Detectors!
* Security Lights & Wired For Alarm System!
Financials:
Bedrooms: 3
Bathrooms: 2
Stories: One Level
Garage: Two [Attached]
CAP Rate: 8.0%
BIZ Analysis/ Recommendations:
This Property Is Currently In Escrow. Please Call BIZ Representation At 1-800-727-2100 Option 1 Real Estate Department.
Property Details
For Business Investors