A great opportunity to start a business or to add some much-needed cash flow to your current business. This small rent roll is available now and ready to sell. If you have an existing portfolio, the opportunity is there to absorb this rent roll into your business without adding any extra costs, meaning you can pay off the invest in short period whilst instantly earning an income. Information about the rent roll at the time of appraisal is.
- 76 managed units running at 95% occupancy for the month of August
- Annual fee projection approximately $115,000 in management fees
- A further $15,000 to $20,000 in ancillary fees
- Letting fees of $20,000 over the last 12 months
- Low property to landlord ratio at 1.3 properties per landlord
- A spread of properties throughout the wider Auckland region run out of a central suburb
If you are interested, contact Mike McGarry for a Confidentiality Agreement. This rent roll will go quickly so do not miss out. Email email@example.com