We are selling this portfolio of homes and duplexes in Albany, GA. They are currently under a master lease with an option to another investor.
It's set up for you similar to an absolute NNN lease. The lessee is paying $12,500/m net to you. They take care of maintenance, taxes, insurance, etc.
You will retain the depreciation benefits and a cash out if they fulfill their option.
No landlord responsibilities.
Addresses and lease info available upon the execution of the CA.