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,
239-770-6257
Ferrer & Associates,LLC

Tuesday, August 21, 2012

28 UNITS Bulk condo sale








4 APARTMENT CONDO BUILDINGS TOTALING 28 UNITS IN CAPE CORAL. 18 INDIVIDUAL BUILT AS CONDOS IN 2006 AND 10 UNITS UNDER 1 STRAP . Lennar Home condo style designs in 4 separate bldgs 3 with 6 units and 1 with 10
Buildings built in 2006 and 2007.  Current  GROSS income is right at $198,660 with the 3 vacant units. NET INCOME IS GUESSTIMATED AT 130K .  Buildings are in as good a condition Totals 56 bedrooms and 46 bathrooms.  All tenants pay there own utilities.  Vacant Units need nothing.  All appliances and washer and dryer are there.  Leases are all in place with deposits on occupied units.  Deposits vary per unit.  All units have all tile except 2 units.  Very low upkeep to maintain current condition.  Expenses available upon request.   Very rare opportunity to buy TURN KEY Bulk condos income assets less than 5 and 6 years old.
ASSESSMENTS ARE ALL IN AND PAID ON ALL 4 BUILDINGS

ask for confidentiality agreement. Or leave message at 206-350-8675
Mike Rivera, Ferrer & Associates 

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