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Key reasons to purchase
High demand for rental property – Many ex-homeowners in Columbia are turning to rental accommodation to remain in their neighbourhoods. In addition, there is high demand from South Carolina State assisted tenants though the national Housing and Urban Development programme (HUD).
Rental yields – Up to 10% net returns on a fully managed portfolio of forty tenanted properties comprising mainly recently refurbished three bedroom detached single family homes plus two and three bedroom apartments.
Good security – The properties are all debt free with tenancies typically secured on twelve month terms with speedy and low cost eviction procedures. Approximately half the income of the portfolio is secured by US government housing departments and paid directly to the managing agent on behalf of the tenants.
Flexible share ownership – Share dividends on profits shall be distributed on a quarterly basis with no restrictions on the future sale of the shares.
Predicted capital appreciation – With a solid and diversified economy Columbia is ranked in the top ten of the USA’s “Hot Mid-Size Cities” by Entrepreneur Magazine and one of the best cities for jobs based on job openings per resident by CareerBuilder.com.
Low market entry costs – Selling the property portfolio by way of shares in a limited company could provide a significant reduction in the typical costs of property purchase and ownership, avoiding the need for raising mortgage finance.
Discounted purchase price – There could be up to 15% discount to market value for those expressing early interest. Please contact us regarding time scales and further details.
Avoid currency fluctuations – We can offer fixed currency exchange rates on early reservations. Please contact us for further details.
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