1537 Rainer Rd

Brookhaven, PA 19015

High cap opportunity for investors or flippers, a (10) ten-unit, value-add portfolio located throughout Delaware County in Brookhaven, Trainer, Woodlyn, Eddystone, and Chester City. All have consistently passed section 8 and township inspections year over year. The turnkey investment portfolio consists of (2) two single family dwellings, (4) four twins and (4) four townhomes that have equity upside as flips or add to your rental portfolio. The average square footage of the units is 1289 square feet. The average rent per unit is $1329/month. The total portfolio rent roll is $13,292/month and current cap rate is 9%. Expenses per property average out to $3703/per property The current average rent rate in this market is $1515/month (Total portfolio: $15, 150/month). There is an excellent opportunity for an investor to increase rents and increase cap rate to 12%-13% based on current rental rates. Properties are being sold as-is. Buyer responsible for U&O. Tenants are responsible for payment of all utilities except sewer. All buyers must be pre-approved before showings.