Strong Cap Rate, Resi. RE Portfolio of10-T Homes in Baltimore!!!! - Business for Sale

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Portfolio of 10 Residential Townhomes in Baltimore, MD

MD, US
Added 2 months ago
Real Estate Investment and Property Management
12 years in business
Absentee / Semi-Absentee

This listing is for a portfolio of 10 residential townhomes in Baltimore, Maryland, offered as an investment property with rental income and partial occupancy.

Key Information

Asking

$1.7M

Revenue

$113K

Earnings

$113K

Multiple

15.3x

Key Highlights

  • Portfolio consists of 10 residential townhomes located in Baltimore City.
  • Annual rental income is $112,896.
  • Portfolio real property values total $1,561,800.
  • Occupancy rate is 60%.
  • One property will soon be fully remodeled, expected to add $22,000 in value.
  • Three properties require full renovation and are being sold as-is.
  • Years established: 12.
  • Business is a franchise.

Contact Info

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