Looking for investors in a apartment complex in Brownwood Texas. 20 unit complex needing remodel. This would be a three year investment or when goals are hit we would sale the complex (which ever comes first). We are guaranteeing 8% minimum yearly return on your money. Projected 3-year return of 40% (24% from cash flow and 16% when sold)
Minimum investment is only $10,000
Purchase price of $650,000
Current rent $120,000
Rehab of $150,000
A.R.V. $920,000 based on a 9% cap rate
Projected income of $144,000 yearly
For more information email me at Timmhamilton@hotmail.com or call 817 846-2898