4957 and 4959 Hillsboro Ave 28213
Neighborhood: Hidden Valley
Purchased: 2019 - Purchased two parcels with duplexes and one parcel vacant land. Built these units on the vacant land.
Construction Cost: $355,000
Rent: Average Rent $1850. Rented to Section 8 tenants.
Loan: Commercial Loan with a five year balloon; 80/20 LTV
Goal: Sell within the next 2-3 years