So excellent in fact, that I’m not going to say what it is. You are obviously a “savvy” property investor, so trifling things like quantifying the actual rental return would be of little or no interest to you.
Probably previously occupied by foreign workers from his building company. Now they’re not building anything else he has nobody to rent the things. Since he built the things in the middle of nowhere he doesn’t think the prospect of renting them out is too good so he is looking for a greater fool. His own personal vicious circle unravalling.
Similar properties in the area are not really offered at much more than 200k a pop anyway…This genius is trying to sell a job lot at a per unit price… Even the traders on Moore Street understand this concept when they’re selling wrapping paper!!