Greater Boston Traded Assets - Carey Cap Rate Report 3+ 19-21
This Greater Boston Residential Investment Property Carey Cap Rate Report of traded assets has several above average investments but looking at the group as a portfolio also results in a strong cap rate potential near six and annual income potential near $600k at a purchase price around $125k per bedroom.
Pulling together a similar single asset purchase at $7.5M for 24 units and 63 beds in Greater Boston with these investment returns can be challenging making portfolio purchasing a group like this worth a pursuit.
Many of these properties have been inspected but the information provided in the report as well as the income/expenses used to calculate the ratings are based on estimates, therefore many assumptions have been made about each of the properties that would require a property visit and/or further research and due diligence before relying on this information to formulate an offer.
For more detailed information about any specific property simply email me at mcarey@sennere.com or complete a contact me form at markccarey.com/contact and provide the report # and property number with your request for a detailed report and if you want to schedule a property visit then also provide your availability for showing times.