112 Condo Units!! 22k plus per unit
Daytona
Beach FL
This property is a 136 Unit condo conversion in a
really nice part of Daytona Beach .
The complex is beautifully landscaped with large shade trees, community pool
and fitness center, sparkling lake, and more. There are 112
Units remaining that MUST BE SOLD BY NEXT MONTH.
Approximately half of the units are 1/1s and the other half are 2/2s. All
units are vacant and ready for rental or re-sale. Each building consists of 8
Units. All units have new air compressors and each building has new roofs and
new vinyl siding. I have visited the property several times and would be
perfectly comfortable living there myself. We can assist with the
"Lease-Up" in order to get these units rented out relatively
quickly. When the complex was rented in the past, the 1/1s rented for $750
per month and the 2/2s rented for $850 per month. We can get these units
rented quickly in today's market by advertising the 1/1s for $600 and the
2/2s for $700. Annual property taxes on each unit are approximately $1000 per
year. The monthly HOA dues on each unit average $100. These HOA dues cover
the building maintenance, common areas, building insurance, etc. The 24 Units
that have already sold in the complex had an average sale price of over
$100,000 per Unit. THE DEVELOPER IS NOW
WILLING TO SELL THE EXISTING 112 UNITS FOR JUST OVER $22k plus PER UNIT!
You just don't find these prices in Florida .
The owner would most certainly prefer an all CASH offer at this new price.
There is a slight possibility we can get them to hold some paper with an
appropriate down payment. Please call or email right away with any questions
or interest. THIS PROPERTY WILL BE SOLD BY NEXT MONTH.
Asking only $2.6
Million!!
_____________________________________________________________
2205
Tupelo Rd
Orlando FL
32808
Here is a great 3/2, 1280 sq ft block home with
tons of possibilities. This would be a great flip at this price. The home is
tax assessed at $97,620. The land alone is taxed at $43,500. This home sold for $75k in 1998. Yes, that's
right. This is over $30k LOWER
then it sold for over 10 years ago!! The home has a
screened patio but does need overall updating. Even though there are tons of
REO's in the area, if you rehab them right you can make a ton of money. Look
at the comps below. Property is vacant so feel free to contact me for showing
instructions.
Asking only
$43.9k + Closing Costs!!
Comps:
6207
Gamble Dr, 3/2, 1222 sq ft, rehabbed sold on 10/08 for
$138k
1546 Hialeah St ,
4/2, 1360 sq ft, rehabbed, sold on 9/08 for $129,000
6138 Tebbetts Dr ,
4/2, 1658 sq ft sold on 9/08 for $161k
________________________________________________________________
Under
33% of Taxed Assessed Value!!
3808
Westgate Rd
Orlando FL
32808
Look at this great 3/2, 1352 sq ft waterfront home
in Pine Hills . The home is in good condition
and needs only new windows, paint and minor tlc. The home has a 2 car carport
and central h/ac and is concrete block. This house is taxed assessed at
$124,338.00, and it could be yours for less than 33% of that!!
Asking only $40k
+ Closing costs!!
Comps:
3518 Rolling Way
4/2, 1653 sq ft sold for $145k on 6/08
5704 Riviera Dr
3/2, 1498 sq ft. sold for $130k on 6/08
___________________________________________________________
5825
Colchester Dr
Orlando FL
32812
Here is a nice 4/2, 1556 sq ft block home in the
Conway area. The home
is vacant and has a new roof, new tile, nice cabinets, sprinkler system and
backs up to Lake
Turnbull . Property is
taxed assessed at $147k. Property is currently vacant, please call for
showing instructions.
Asking $109k +
Closing Costs!!
Comps:
4800
HOLLYBERRY DR 2/1, 1,401 sq
ft sold for $158,500 on 10/31/2008
4815 CAMBERLANE DR
4/ 2, 1,113 sq ft sold for $123,800 on 08/08/2008
______________________________________________________________________
608
Powell Dr
Altamonte
Springs FL
32701
This 3/2 concrete block home is located close to
Lake Orienta .
It has settlement damage up front on the left side of the garage. Other than
that, it will need paint, carpet, updating, and possibly a new roof. It was
built in 1965, has 2008 gross sqft, and 1201 living sqft. The 2008 tax
assessed value is $166k and the land value is $60k....we are selling it for
$124k under 2008 assessed value! This
property sold for $195k in 8/2005.
Asking only $42k
+ Closing Costs!!
_______________________________________________________________
New Property with Granite
Counters!!
1900 Ben Hogan Cir
Orlando FL
32808
Located on over a 1/4 acre lot corner lot, this
partially remodeled pool home is a great deal that's ready for you. The
home is a 3/2, block construction, 1306 sq ft under air, tile
floors, granite counters, updated bathroom and a huge pool. All it needs is
central h/ac, carpet and a new toilet. Rehab should be about $5k. Home is
vacant so feel free to take a walk around and call me if you want to get
inside. this home sold on 10/06/2006 for $176,000.We are selling this home
for 50% of the tax assessed value. Taxed at $125,227
Asking $63k +
Closing Costs!
Comps:
6138 TEBBETTS DR 4/
2, 1,658 sq ft sold for $161,000 on 08/13/2008
1627 GLENDALE RD
is a 3/2, 1,415 sq ft sold for $150,000 on 08/08
6025 WEDGEWOOD CIR 4/ 2, 1,553 sq ft sold for $148,400 on 10/10/2008
_______________________________________________________________
1355
Poppy Ave
Orlando FL
32811
3/2, 950 sq ft.
Here is another great property tht would make a great rental. The property
used to rent for $850 but is currently vacant. Rehab should be under $10k.
Tax assessed at $101,611.
Asking $41k + Closing Costs
_______________________________________________________________
Reduced!!
150
Randia Dr
Orlando FL
32807
This is a 3/1 block home which is 1,298 sq ft under air
in Azalea Park
neighborhood of Orlando .
Light rehab required. Estimated $5k-$7k to get it in a good rental condition
and maybe a little more to get it ready to be sold. The 2008 tax assessed
value is $136,031. Upside potential of 145k. Vacant so feel free to drive by
and take a look and call for showing instructions.
Asking $68k + Closing Costs!
Comps:
10 N OXALIS DR
4/2, 1746 SQ FT SOLD ON 9/28 FOR $150K
6201 YUCATAN DR
IS A 3/1, 1170 SQ FT SOLD ON 7/08 FOR $146K
135 ARECA DR
IS A 3/1, 1098 SQ FT SOLD ON 4/08 FOR $144K
______________________________________________________________
Reduced!!
Wow Handyman Special Under
$25K!!
649
Katherine Ave
Orlando FL
32810
This is a 5/3, 1787 Sq Ft home Tax Assessed at
$107k, this concrete Block home was Built in 1962 and is on a good size lot.
This home needs a full rehab but has a shingle roof and an enclosed front
screened porch. Vacant and on lockbox. Call for combo.
Asking only $24k+ Closing Costs!!
Comps:
500
Katherine Ave, 3/1 only 735 Sq Ft, sold for $143.9K in March
of this year.
________________________________________________________________
Fantastic Cashflow
Oppurtunity!!
775 Lunar Lake
Cir
Cocoa FL
32926
Here a great 2/1.5 rental property built in 1972, 814 sq
ft under air. The current owner just signed a new lease for $600 a month.
This 1/2 duplex is in pretty good condition and is tax assessed at $62,000.
Talk about a great ROI!!! Home needs new central h/ac. Current ac does not
work but new tenant just signed lease knowing it. Home currently has window
units. nothing needs to be done to keep current tenant.
Asking only
$29k!!!
_____________________________________________________________
13607
W Colonial Dr
Winter
Garden FL
34787
176 Unit Hotel. This is a 2 story hotel in great shape
with a pool, meeting room, restaurant, bar and grill. All the rooms look like
the room in the picture below and are ready to go. The property has been kept
in great shape and for the most part needs nothing. It's operating as an
American Best Value and Exclusive Inn. It's zoned C-2 and sits on 4.12 acres
just East of Vineland
Rd on W Colonial in Winter Garden. Seller has 2 mortgages that are assumable.
One mortgage is at 1.4M @ 6.41%, the second is 665K @ 6.2%. Also, owner
financing is an option with a minimum of 20% down. Additional Photos and Cash
flow statement available upon request. Please call for any and all questions.
Asking: $3.2 Million!!!
As always – DO NOT
DISTURB OCCUPANTS/TENANTS OF ANY OF OUR PROPERTIES.
DO NOT CALL THE LISTING AGENTS IF THERE
ARE REALTOR SIGNS ON THE PROPERTY.
We are on contract and have the rights to the
property. If you want to make an offer that is less than my asking
price, GIVE ME THE OFFER! I may just be able to accommodate your
request!
Call me if you want them,
Malendaz
Brothers 3 International Investment Service.
Phone: 941-628-3891
*Sales info provided
for reference only and does not indicate an appraised or guaranteed
value. Please research all properties yourself or hire a licensed
appraiser to determine what you believe to be its true value. Our
determination of what a property needs is only an opinion. There may be
other issues with the property that need to be remedied. You will need
to make your own determination as to what renovating is required to bring the
property to its full potential.
============================================================================================
YOUR BANK SAYS NO OUR INVESTORS WILL FUND YOUR DEAL.
WE PAY A REFERRAL FEE
Some Collateral types that we are interested in are:
Office buildings (up to 75% LTV)
Apartment Buildings (up to 75% LTV)
Mixed-use (up to 75% LTV)
Shopping centers (up to 75% LTV)
Warehouses (up to 75% LTV)
Multi Family (up to 75% LTV)
Hotels/motels (flagged and stabilized-up to 65% LTV)
Auto repair/mechanic shops (up to 65% LTV)
Gas Stations (up to 65% LTV)
Owner-occupied facilities (up to 65% LTV)
Marinas (up to 65% LTV)
Vacant Properties (up to 60% LTV)
Loan Size: $1,000,000 to $50,000,000 +
Email: 123cashnow@gmail.com
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