SOLD – Single Family Rental Home Portfolio

Marketing Description

The Palomar Group is pleased to present the opportunity to acquires a portfolio of 23 units in Thomson, GA. The portfolio is a combination of single family, duplexes and quadplex residences. Currently, the average rent is $505, which is below the market average in Thomson. All units are separately metered and the tenants are responsible for utilities. These properties are currently 91% occupied, with the in-place income allowing the investor to realize cash flow immediately.

Investment Highlights

• Substantial value add opportunity
• Tenants paying utilities
• 91% occupied
• 15 buildings and 23 units
• Great in place cash flow
• Below market rents