THE JLJB PORTFOLIO – 77 UNITS IN ROCKY MOUNT, NC
DEATON is pleased to present for sale, as the exclusive broker for the seller, the “JLJB” Rental Portfolio. The opportunity includes 61 properties, totaling 77 units, with 56 properties (71 units) located in Rocky Mount, N.C. and the remaining 5 properties (6 units) located in nearby Tarboro, N.C. Most of the properties have been owned and managed by members of the same family since construction. This is a great value-add opportunity to acquire a predominantly single-family rental portfolio with scale with the ability to increase rents and net income through physical and operational improvements. Additionally, the bulk pricing represents discount-to-market pricing for many of the individual homes. An investor could renovate and resale properties individually, at a profitable spread.
Click here to view a MAP with the location of all properties.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 77 TOTAL | VARIES | SEE OFFERING PDF | $70,000+ MARKET POTENTIAL |
PROPERTY INFORMATION
| PIN | SEE OFFERING PDF |
| Tax Value | SEE OFFERING PDF |
| Taxes | SEE OFFERING PDF |
| Year Built | 1974 AVG |
Agent Information Thomas T Furlow
Location Map
THE JLJB PORTFOLIO – 77 UNITS IN ROCKY MOUNT, NC