Anchorage rent to own home - (70 beds, 30 baths)

under a mile from jber! many recent capex improvements! 16 three bed units, 8 two bed units, 6 one bed units, 11 garage spaces. all new extrior paint, mostly ss appliances, new flooring in 15 units. assumable agency debt - 5.4% on $2.1m note with 30 yr. amortization/30 yr. term. owner finance some of the principal gap w/ the right offer. great terms. tenants pay electric. don't miss this one!the sixteen 3 bedroom units are 1,000 sf. the eight 2 bedroom units are 800 sf. the six 1 bedroom units are 600 sf. all units have one bathroom. all the three bedroom units are on the 2nd and 3rd floors of the buildings. the one bedroom units are above the garages. all the two bedroom units are daylight basement/ground level. 4 of the 5 buildings (each building has six units) have dedicated common coin-operated laundry facilities in the basement. there are 10 rental storage spaces (32 sf/each) available for tenants to rent. owners recently installed a 16 camera security system on the property, repainted garage space lines and markings, rerouted downspouts, replaced a main drain in 5140, repaired and weather sealed garage doors, added several storm doors to units in 5150, replaced many interio...

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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