Description
16 single family home portfolio. The homes consist of a mix of 2-4 bedrooms and are located primarily in Richmonds east end and southside with many of them having undergone over $345,000 in renovations within the last 5 years. The portfolio consists of 75% section 8 tenants. With a request to RRHA, rents can be increased for all section 8 tenants in 2023 - these increases are outlined in Figure A (see supplements for attachments). This is a rare opportunity for an investor to purchase a manageable single family home portfolio and expand their current property portfolio in the Richmond MSA or enter the market with true presence!
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0BEDS
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2.5ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
16 single family home portfolio. The homes consist of a mix of 2-4 bedrooms and are located primarily in Richmonds east end and southside with many of them having undergone over $345,000 in renovations within the last 5 years. The portfolio consists of 75% section 8 tenants. With a request to RRHA, rents can be increased for all section 8 tenants in 2023 - these increases are outlined in Figure A (see supplements for attachments). This is a rare opportunity for an investor to purchase a manageable single family home portfolio and expand their current property portfolio in the Richmond MSA or enter the market with true presence!
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-02-05T14:57:05.553.
Listing provided by One South Realty Group, Llc: 804-353-0009. Listing information © 2023 CVRMLS and CBRAR.