10xx 25th Ave SE, Mpls, $335k price, $2650/mo rent, $299.86/mo taxes, $124.11 insurance
The rents are low as you for the area. Seller has been busy with his construction company and not wanting to battle to rent them. They rent on the 1st to 3rd showing at these prices. So you could push the rents if you took more time. Seller does not NEED to get rid of these places. He is hoping to do a project in the area and would LIKE the capital to do it. It would make his financing easier. He may make the sales part of a 1031 tax deferred exchange. He is looking to buy a new company and needs some cash for that. THIS IS NOT AVAILABLE ON CONTRACT FOR DEED OR RENT TO OWN AT THIS TIME! All of these properties are turn-key. You will not have to put a dime into them. There are very few unfinished areas for growth in rent. See Photos
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