September has been a very busy and an exciting month for MONOPOLY.
On September 1 we purchased a duplex located at 822 Grand Street, Joplin, MO. This property is located next to our existing single family, 824 Grand and right across the street from our 3 bedroom single family home, 831 Grand. The value of this purchase is $54,000 and produces an annual income of $7,200.
On September 28 we purchased an 11-unit apartment building, 1300 E. 15th Street, Joplin, MO. We purchased this property for $327,000. With an annual income of $54,300 the property appraised at $350,000 which provides us $23,000 of equity, a GREAT buy!
We also welcomed 3 new members to our family.
Lawerence and Tracey Charles
Matthew Shuba
Joshua Kim
This brings our total number of share members to 44!
The successes we have had in September would not have occurred without the hard work of our staff, share member referrals and the capital support of our share members. The entire family was needed to make this month a success! Congratulations to all of us!
No comments:
Post a Comment