We’ve just listed a great rent roll opportunity with 88 residential properties located predominantly in Park Ridge, Logan Reserve + surrounds.
With an AAMI over $2,075 this won’t last long. If you’ve been thinking about expanding into property management, now could be the time to take action.
Alternatively, it could make a great add-on portfolio to your already successful business.
rent roll information
- 88 properties
- Income p.a. from management fees and rent collection $182,913
- Income p.a. from additional fees and charges $39,740
- Total income $222,653 per annum
- Average annual management income [AAMI] of $2,079 per property
- Average management fee of 7.17%
- Average weekly rent of $556
Rent Roll for sale at $2.95 per $1.00 income.
Total rent roll price $539,592