Thursday, January 5, 2012

Turn Key Investment..Just collect rents…Carpe Diem. Perfect for 1031 Exchange or New Years gift!



2011 was a difficult year for countless retail investors, money managers, hedge funds and just about everyone trading in the global markets. The S&P 500 Index returned a paltry 2.1% (counting dividends) and market volatility and economic uncertainty drove investors into U.S. Treasuries despite record low yields. And yet, this charming package of 3 bldgs and 27 units  yields a Total Return of over 8%

Turn Key Investment..Just collect rents…Carpe Diem. Perfect for 1031 Exchange or New Years gift!








          


FULLY LEASED Tenant Heated...  3 bldgs(27 units) in Bridgeport.
3225 S. May($1197775.10 unit) 3157 S. Racine($925775.12 units + penthouse) and 3247 S. May. ($469,700.5 unit can be deconverted back to 6)

All within a block of each other(12 units/5 units/10 units). Most of the units have been upgraded in the last 5 years. In addition, new windows/roofs and w/d….Asking price is $2.5m but also sold individually.. Cap rate based on actual numbers@ ask price is 8%.+.(Cant do that in the stock mkt!).

 Email rgoldstein@rubloff.com for more info and attached is  financial package

--


Ron Goldstein, MBA
Transnational Referral Certified(TRC)
Quality Service Certified(QSC)
Broker Associate
Prudential RUBLOFF Real Estate
office(312)264-5846
rgoldstein@rubloff.com
Carpe Diem(Seize the Day!) Today is your day!...
Certified Eco-Broker
www.chicagoluxuryrealty.com
Check out my blog@
http://www.carpediemrealestate.blogspot.com

4 comments:

Anonymous said...

Wow,It all pics are look really great and fabulous.This one is really great gift.I also read this blog it really interesting blog.

Steel Kit Homes

Unknown said...

Your blog was interesting and incredible. I like this property,it looks great and awesome. I will refer this to my friend. Thank you for sharing.


Philippines properties for sale

Unknown said...

With all the turnkey rental bad news about real estate there is in fact some compelling reasons for getting serious about buying a home right now.

Unknown said...

Located in a turnkey rental desirable neighborhood, this property features huge open floor plan, finished basement, large back deck and wetbar in basement.