Repossessed Property, Detroit, USA: 40% below market value.
This is an ethical investment opportunity that ‘recycles’ houses, turning foreclosed (repossessed) and uninhabitable houses in the USA into refurbished, clean, safe homes for employed - low income families. This provides a much required service to a region struggling with a shortage of 30,000 rental homes.
Billionaire Donald Trump on ‘Larry King’ – 18th March 2009
StayReit Worldwide Investments are pleased to offer to our clients High Yield, High Quality, Below Market Value properties, which are an excellent hands-free investment opportunity in Detroit, Michigan, USA.
Located in the upper Eastern portion of the United States near the Great Lakes, Detroit is the only major US city that looks south to Canada. Founded in 1701, it is now home to in excess of 5.4 million people.
Property can be acquired at very low prices, with rental yields at over 20%. Along with the high rental demand, Government backed rental income and full, professional management, Detroit is an ideal property investment.
- 3 & 4 bedroom repossessed detached properties from approximately £28,000/$45,500
- 40% below market value
- Fully refurbished
- No maintenance costs for two years
- 21% potential rental yields
- Large waiting list of tenants
- Secure exit strategies
- Fully managed
Property Features:
- Country: USA
- Location: Detroit
- Type: Detached Residential
- Price: From just $45,500
“I was
pleasantly surprised by Detroit: the properties
themselves are of a far higher quality than I
thought and the renovations were first rate. The
team are truly knowledgeable and went through the
whole process both verbally and practically. The
weekend was worthwhile and confirmed that this was
an opportunity not to be passed on”
Bal, South Yorkshire
following an inspection trip.
“I made my
first investment in Detroit in January, I received
my full month’s rent within 4 weeks of taking
ownership. This investment works and I will invest
further”
Michael from
Hertfordshire
“I bought a
single unit to test the water, it’s worked, so I am
now going through with my second. This has been a
simple smooth transaction”
Amanda from London
