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 at Embarqmail. com

Mike Rivera, Ferrer & Associates 

Bulk sales Southwest Florida 8 / 2012

 
Bulk sales Southwest Florida

Naples / Marco Island

PRICE:  MAKE REASONABLE OFFER TO BANK

Bank OREO Bulk sale of  6 NEW VILLA UNITS Naples FL next to Marco Island
GATED PUD  
coach home Large Beautiful 3 bedroom plus den, 3 baths with spacious 1st
floor coach
home. 2902 sq ft Two car garage, custom cabinets, Monogram appliances,
granite counter tops and impact glass. Beautiful lake view & community
pool. Decorator ready Needs flooring paint custom extras if desired.


Financial:

No Income
Gross income Estimated at 129,600.00
exp  30%                                     38,880.00
NOI                                               91,000.00

COMPS:  (Per sq ft)

Total sqft 17,412 interior x avg Mean value 140 = 2,437,680
Total sqft 17,412 interior x avg low value      125 = 2,176,500
Total sqft 17,412 interior x avg High value    170=  2,977,452

Mike Rivera, Former , CIB
Investment Real Estate Analyst 
Naples Fl

206-350-8675

10 units Luxury Condo,Bulk Sale in Naples Florida

New 10 units Luxury Condo,Bulk Sale in Naples Florida. Just purchased from Bank as a Note. and Just finished by the new note holder all units have 10 year warranty's on structure and appliances..
Avg Sq Ft Sales in this market are 500 a foot.
avg sq ft sales for units 1500 to 2200 sq ft avg 389 a foot.

Your Price to acquisition all 10 units and 20,000 sq ft of rare Olde naples Luxury product.

$210 or $4,035,000 off market Private sale. Sign NCND.
NCND (confidentiality agreement)

http://www.mediafire.com/?46bpobc4f1ak359


A bit about Mike Rivera. Im a 42 year old Broker for 17 years in the Business and 26 years living here in this market./ Im a former licensed RE Appraiser with countrywide. Mortgage broker as well and purchase Income Investment property for myself and my Investors and capital Partners. Im always on the look out for capital partner and committed buyers who understand the income and hold
We constantly purchase Bulk units, condos, Duplex, Quadplex, apartments, NNN, Commercial retail plazas hold and rent units based on a 5 to 7 year proforma and then sell. We also acquisition for arbitrage yields and perform quick turnarounds.
I have superior customer service, immediate turnaround time.


Mike Rivera,
Investment Real Estate Analyst
Star Capital Group
Naples Fl
954-957-3134 Office
239-770-6257 Cell
239-775-2066 Fax
Mike Rivera, Ferrer & Associates,LLC

For Sale Proven MFR buyers Only,204-unit garden-style apartment community

Daytona Beach- Class B, Class A location 204-unit garden-style apartment community located on the south side of Beville Road (FL-400), approximately 2 miles east of I-95, the area's major highway, and only two miles from Daytona Beach International Airport. The property's superb location in the heart of Volusia County is within minutes of the area's major employers, educational facilities, healthcare centers and some of the world's most famous beaches.

Info- The exteriors of the buildings were painted in 2008 and the parking lot was re-sealed. The pool was resurfaced in 2007 and the roofs were replaced in 2003. However, the property provides a “value-add” opportunity through interior upgrades. A $30 rent premium has been acheived on units with upgraded appliances. The property provides an additional opportunity through kitchen and bath cabinet renovations. Implementation of an upgrade program over the long term for all units would provide an increase in future rental revenue.

Structural Detail:

Buildings and Heights	11 two- and three-story buildings
Foundation	Poured slab concrete
Exterior Walls	Wood frame with stucco finish
Paving	Asphalt, re-sealed in 2008
Fire Safety	11 buildings with pull stations
Roof	Pitched with asphalt shingles, replaced in 2003
HVAC	Each unit has a central air handler, condensing units are mounted outside each unit
Plumbing	Copper
Wiring	Copper

Community Amenities:

• Barbecue Area
• Dog Park
• Clubhouse
• Self Service Carwash
• Spa/Hot Tub
• Swimming Pool
• Fitness Center
• Tennis Court
• Pet Friendly

Select Unit Amenities:

• Walk-in Closets
• Extra Storage Space
• Washer / Dryer Connections
• Central Air/Heating
• Dishwasher
• Screened Balcony / Patio
• Cable TV Ready
• Garbage Disposal
• Refrigerator
• High Speed Internet Access
• Ceiling Fans
• Handicap Accessible
• Oversized Pantry/Laundry Room
• Views Available – Pool, Waterfront, Lush Greenery
• Upgraded Kitchen Appliances in Some Units

Assumable 80/20 bond financing available.

Price:	TBD by Market
Units:	204
YoC:	1985
Sq Ft:	185,568
Acres:	13.00