I need to register you with the seller before sending out details. Please forward your full name, company name, phone number and address and I will get info over to you ASAP. Click Here: http://www.brothers3int.com/InvestorProfile.html
Here's another great deal for you. We have decided to sell everything we have. Our loss is your gain....We don't have time to fix any of them. Please read the following very carefully, all the info you need is there... That's right, 82 units only $337K, if you buy all 3 properties. That's a nice discount. SPECIAL CASH DISCOUNT - 82 units only $317K...you must close within 14 days of agreement and pay cash. There may be a $1,000,000 Profit on this deal! Buy one Building or buy all three. 1. 38 apartment units for only $147,000. Solid, brick building! *** If you could resell at $25,000 per unit x 38 units, that would be $950,000.. *** If you could resell at $30,000 per unit x 38 units, that would be $1,140,000! 2. 24 apartment units for only $135,000. Prime DOWNTOWN area. Next to building #3 below. Mostly 1 bedrooms. This is 2 x 12 unit each buildings, side-by-side, plus a Parking Lot (30+ cars?) for more income! *** If you could resell at $25,000 per unit x 24 units, that would be $600,000 *** If you could resell at $30,000 per unit x 24 units, that would be $720,000! 3. 20 apartment units for only $77,000. Prime DOWNTOWN area. Next to building #2 above. Most units have Murphy Beds (these beds close up into the wall). *** If you could resell at $25,000 per unit x 20 units, that would be $500,000. *** If you could resell at $30,000 per unit x 20 units, that would be $600,000! Buy all 82 units for only $337,000. CASH buyers pay only $317,000. Possible worth $2,050,000 - $2,460,000! There may be a $1,000,000 Profit! They do need to be put back in rentable condition. Properties are currently vacant. Please remember that after you renovate your properties, it will be worth MORE than the existing "comparables" around it. You will have a much newer, renovated property...not like the older, non-renovated properties supposed "comparables"! Building 1..........38 units Has ONSITE LAUNDRY for additional income. Solid area. Possible yearly income of $160,000 - $180,000, based on rents of $350-$400/month. If you could resell at $30,000 per unit x 38 units, that would be $1,140,000! Mixture of large studios and one beds. The immediate area has wide residential streets and is close to everything. 2 blocks from shopping. 3-4 blocks from major industry, employers, etc. Loaded with street parking, EXTRA WIDE residential streets. Well kept homes, lawns, etc. Seemed fairly quiet at all times. Irving Elementary is a couple of blocks away. Very large walk in closets (a real nice surprise). Cast Iron Tubs (some clawfoot?) Steel Emergency Exit Doors. Solid Brick building. Hardwood Floors. Not sure of heating source. Boiler area in basement? Possible separate meters for gas/oil/electric (not sure in basement)? Downstairs Storage Areas. Some kitchens and baths in decent condition, some in poor condition (copper removed). Some copper has been removed causing some water damage on first floor ceilings. Some units are in fair shape, some in poor shape. It appears the former owner started work, and ran out of money? Wide streets for lots of parking, quieter residential area. Taxes are around $3K - That is really low... Estimate $5K-$9K repairs per unit. Estimate $60K-$95K for general building repairs. Total estimate $345,000 - $395,000 depending on how nice you want it to be. Possible yearly income of $160,000 - $180,000, based on rents of $350-$400/month. If you could resell at $30,000 per unit x 38 units, that would be $1,140,000! Buildings 2..........24 units Incredible area. Prime DOWNTOWN area! This area will probably APPRECIATE! Possible yearly income of $115,000 - $130,000, based on rents of $400-$450/month. If you could resell at $30,000 per unit x 24 units, that would be $720,000! These are 2 solid 12 unit each, BRICK apartment buildings. The added PARKING LOT 30+ cars?) will add value or charge for Parking! Good sized 1 bedrooms. Fairly easy fix up, most baths and kichens intact. Most in nice condition, hardwood flooring in good shape. Cast Iron Tubs (some clawfoot?). Unsure of heating - forced water radiators? Some STAIN GLASS windows. Most have fireplaces. Close to everything...shopping, main areas, etc. Taxes are around $3K. That is really low... Estimate $3K-$6K repairs per unit. Estimate $40K-$80K for general building repairs. Total estimate $150K- $240K depending on how nice you want it to be. Possible yearly income of $115,000 - $130,000, based on rents of $400-$450/month. If you could resell at $30,000 per unit x 24 units, that would be $720,000! Building 3..........20 units Incredible area. Prime DOWNTOWN area. This area will probably APPRECIATE! Possible yearly income of $84,000 - $100,000, based on rents of $350-$400+/month. If you could resell at $30,000 per unit x 20 units, that would be $600,000! These is a solid BRICK apartment building. WIDE Street parking available. Fairly easy fix up, most baths and kichens intact. Cast Iron Tubs (some clawfoot?) Hardwood flooring. Some fireplaces. Unsure of heating - forced water radiators? Front 1 bedroom could be Manager's unit. Mostly Murphy Beds included (these beds fold up into the wall). Close to everything...shopping, main areas, etc. Taxes are around $2K. That is really low... Estimate $3K-$7K repairs per unit. Estimate $40K-$70K for general building repairs. Total estimate $140K- $210K depending on how nice you want it to be. Possible yearly income of $84,000 - $100,000, based on rents of $350-$400+/month. If you could resell at $30,000 per unit x 20 units, that would be $600,000! Buy all 82 units for only $337,000... CASH BUYERS pay only $317,000... Possible worth $2,050,000-$2,460,000... There may be a $1,000,000 Profit! |
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