Thursday, February 3, 2011
Bulk Sales opportunity! Investment package of Townhomes and Single family Residential
Bulk Sales opportunity! Investment package of Townhomes and SFR
20 Units total
14 Single Family Residential Homes Cape Coral + Lehigh acres Fl all newer 2002 + all fully rehabbed to new ready to sell or move in condition , 6 of them rented as rent to own,. 2 out of 14 of them in Lehigh acres,Fl.
2Townhomes Estero, Fl
4 Condos Estero, Fl
all rented to FGCU Students and Faculty at FGCU University
7.9 cap of proforma
Current Income is on 6 SFR homes only at 108,000 gross, possibly 95,000 in NOI cost to owner is only Property tax & INS (12k) for the Rent to own lessors.
Potential NOI $150,238 after expenses hoa fees etc
No Low Ball offers accepted. Discount opportunity NOT Distressed.
Direct Buyers with proof of funds only. No Proof No deal sent.
DownLoad NCND sign and send back to MikeRiveraSr@gmail.com
Photos of actual Homes