Thursday, April 23, 2009

FourPlex Foreclosure

Bank Must Sell This Asset Now!

Price Just Reduced to $219,000. (starting Bank Price was $296,000)

This Fourplex Foreclosure is located in Nampa Idaho, close to the NNU university and built in 2004. All units are clean and ready for tenants, with washer/dryer, fridge, dishwasher, and gas fireplace.
Townhouse style, all units are 2 stories, 2 beds, 2 bath, which is very popular. Demand for rentals in this area remains strong. Onsite manager handles all leasing, management duties, exterior maintenance, landscaping, trash, water, and sewer bills, so you don't have to waist time and energy dealing with tenants.

Cap Rate is 10%
Monthly Cash Flow after Debt Service: $
475/month
Was last purchased in 2006 for $350,000, and is still tax assessed at $350,000.
Buy it today for $215,000!

Hurry, will not last long at this price. (CLICK HERE FOR A CASH FLOW ANALYSIS)

Call Me ASAP at 208-287-6589

Mike Turner
Foreclosure Investments
Turner Real Estate Group
www.BoiseInvestmentDepot.com
Ph 208-287-6589

http://www.boiseinvestmentdepot.com/fourplex-foreclosure

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