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 email@example.com for more info and attached is financial package
Ron Goldstein, MBA
Transnational Referral Certified(TRC)
Quality Service Certified(QSC)
Prudential RUBLOFF Real Estate
Carpe Diem(Seize the Day!) Today is your day!...
Check out my blog@