The scarce opportunity at obtaining nearly $30,000 annual cash flow has sparked an increase in U.S. flight reservations this coming week, all leading to the humble city of interest, Scranton PA.
With poor stock performance claiming the wealth of frustrated investors nationwide, many have began to look in alternative directions to grow their wealth, or at minimum see to it that their investment returns outperform growing U.S inflation, which for the moment, such the investment happens to be located within Scranton PA.
Plausibly, it has been the combination of these two critical elements which has lead many to take interest in the highly sought multi family rehab project, which once completed, will cash flow up to 30,000 annually, not a bad return seeing that the 3600 sq ft property is being offered at $50,000 cash.
According to Zillow, the property value has appreciated more than $27,000 in the last 40 days, a feature which very few properties located within the U.S. market can make boast of.
300 Williams St, surnamed the “Super Performer”, will be shown all week Starting March 12-17, however according to NJUF Investments, who has contracted to sell the property, it is more than likely the property will be sold prior to the final day of showing. Investors may also bid on the property from the company website.
“This property has sparked a great deal of out of state investor interest for it’s overall performance ability that it offers investors that utilize buy/hold as their investment strategy or rehab and sell. In very few cities will investors have the ability to possess a real estate investment this cost effective that produces on a level of this magnitude. Investors are smart, after analyzing the numbers, any investor can see this is a true performer.
Property photographs and information available at http://www.njufinvestments.com/