SouthCorp Capital Announces Negotiating Acquisition of 2 Houses

Beverly Hills, California (FSCwire) - SouthCorp Capital, Inc. (OTCQB: STHC) announced today that the Company is negotiating the acquisition of 2 houses in Indiana.  The Company expects to have the properties rented upon acquisition of the properties.  The Company expects the cap rate to be between 15-25%.  Capitalization rate (or cap rate ) is the ratio between the net operating income produced by an asset and its capital cost. About SouthCorp Capital.  Southcorp Capital, Inc. is a Delaware corporation. The Company focus is on the acquisition and renovation of single-family and multi-family properties in the U.S with the intent of reselling the property after renovations have occurred.  Our real estate investments are expected to focus properties undervalued and/or in need of some repairs. Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, ex
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