Bite-size investment package of three single-family rental homes with under market rents. All are patio-homes built in the late 1990's or early 2000's, located in the same desirable neighborhood on the eastside of Evansville with single car attached garages and fenced yards. These homes are well cared for and Professionally managed with many updates.
Priced as a package at $592,500 (discounted $30,240).
Priced individually:
- 3515 Pigeonbooke available for $209,720
- 3716 Park Ridge available for $203,300
- 3805 Windsong Cove available for $209,720
All three homes are located on the northeast side of Evansville in The Village at Timber Park. The neighborhood is close to shopping and dining destinations on North Green River Rd.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
