Investor Income Properties has completed the renovation process and has secured renters for a new market in Akron, Ohio. The properties provide immediate cash flow returns of between 15 to 20%
BOCA RATON, FL / ACCESSWIRE / December 4, 2014 / Investor Income Properties (IIP), founded in 2008, provides from start to finish a fully turnkey real estate rental investment for investors. IIP sells properties with tenants already in place and from there manages every aspect of the real estate investment to provide a hands-off real estate investment for investors. The growing rental demand in the United States yields exceptional returns every month in addition to property appreciation. Some of the reasons IIP has chosen Northern Ohio are as follows:
- Trulia.com ranks Akron as the #1 most affordable city for home buying in the USA.
- Northeast Ohio is one of the hottest entrepreneur regions in the nation.
- Intel Corp. has named Northeast Ohio as one of the 3 top Digital Communities in the U.S.
- Ten Fortune 500 companies are headquartered in Northeastern Ohio including: Goodyear Tire, Cliffs Natural Resources, First Energy, Sherwin Williams, Eaton, Travel Centers of America, Progressive Insurance, Regional Banking Hub: home to one of 12 Federal Reserve Banks.
- Akron is among the Top 15 job markets for new college graduates.
- Home to 27 area colleges and universities.
- The region is undergoing nearly $11 billion in major capital investment.
IIP currently has approximately 50 homes that are fully turnkey and available to investors for sale individually or as a bulk purchase in their website http://investorincomeproperties.com/available-property/. The homes typically sell for between $30,000 to $80,000 and offer an attractive 15 to 20% annual cash return. Davor Rom, President of IIP, states "We are excited to be opening up more into the Akron market. As prices continue to appreciate throughout the United States, we anticipate that Ohio will see the value of real estate appreciate at a faster rate than other parts of the country that have already seen prices meet or exceed their 2007 prices levels."
Contact Information:
Investor Income Properties
Corporate Office:
2900 N. Military Trail
Suite 140
Boca Raton, FL 33431
Phone: 1-855-447-9800
[email protected]
www.investorincomeproperties.com
SOURCE: Investor Income Properties