Naples Bulk sales, Debt and Bank REO

We are a company directly in touch with FDIC, local banks, builders and other Debt/ OREO sellers. To include 1st position senior debt, Pre- foreclosure sales from the Court steps to the bank direct to you. we broker these opportunistic deals direct to you.
This blog announcement is to give SEC qualified type of buyers a notice and opportunity for qualified buyers to acquire a substantial portfolios of discounted Notes/REO properties at one time or commercial assets as debt or OREO. High end Luxury Jumbo loans/ REO homes or condos on the beach as well.

Mike Rivera,
Ferrer & Associates,LLC

Friday, March 30, 2012

Off Market to Investment grade Grocery anchors

Publix Credit rated Institutional Investments
For the private client, family office or Fund.
Value add asset. Stable S&P Credit rating AA
Price $8,500,000
NOI 550,000
Cap 6.10%
GRM 16.67
SQFT 69,000
Upside is 11,400 sq ft at current market rates of 9 to 14 per sq ft or $101,000 to $159,000 added
to current $510k in NOI bringing the property to an 7.87% cap TO 8.36% CAP RATE on buyers
And the value ADD to the center 11.150m at 6 cap or 10.2m AT 6.5 CAP RATE.

all Buyers must show proof of funds sign an NCND
Contact List agent- Mike Rivera 239-770-6257
Rivera, Ferrer & associate's - Lic RE broker

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