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

Showing posts with label income. Show all posts
Showing posts with label income. Show all posts

Tuesday, August 21, 2012

8 SINGLE FAMILY Residential home Bulk sale





8 SFR home Bulk sale in SWFL.  (southwest Florida)


Price  $1M 
For 8 SINGLE FAMILY homes, 100% rented to Buyers with LEASE OPTIONS!
One of the homes comps out at $250,000 to 300,000 in a gulf access community. 

Current NOI approximation $65,000 

All homes 100% rehabbed in 2010

SWFL  6.5 Cap rate in place with an 11.8% IRR over 10 year hold.
ROI 128%. or 8.6 % per year

NOI $65,000   to     Proforma of    $73k

Retail Market Value $1.4M 

Future value:

Total BTCF Income $ 730,000 in 10 years of Net  cash income

Selling    Price: 2,000,000  to 2,500,000       Year 10  Conservative
Selling Costs:       90,000          Broker fees/ commissions
Net Proceeds:   1,910,000 
Mortgage Balance: 0 

Before-tax Reversion: 1,910,000               
Taxes due on sale:          284,100
After-Tax reversionEq 1,625,900
Minus cost equity  -      1,030.000
sum                              =  $595,900 Profit sale if the asset sells 500ks more add 430k to this 1.25M
Plus Income              + 730,000 Profit Income
Total Profit                  1,325,910                     or        $1,755,000

ROI                                    128.7%
Annualized return             8.6% per year

confidential for principlas only. No Brokers REQUEST CONFIDENTIALITY AGREEMENT

Mike Rivera,
Investment Real Estate Analyst 
Naples Fl 

206-350-8675
MikeRivera  AT     Embarqmail.com
Mike Rivera, Ferrer & Associates

Wednesday, May 4, 2011

124 unit Bulk sale New construction to be built










124 unit Bulk sale New construction to be built will be sold building by building 12 units per building by the developer.





Builder sold all existing units . Would build to order @ a favorable price 12 @ a time against money placed in escrow. 124 blank unit pads remain.



five buildings were completed at Palmetto 56 units. A garden enclave set amidst preserve areas and a lake, Palmetto Cove features two-story buildings with two distinctive floor plans of 1,317 to 1,671 total square feet starting in the low-$100,000s. Luxury details such as 10-foot ceilings, granite countertops, raised panel cabinetry, hurricane impact glass and tray ceilings are among the standard features that, combined with the McGregor location, insure tremendous value. The condominium homes come with detached garages and private lanais that are designed to accommodate summer kitchens

Unit size HOA($299)
1312 2 2 1 landscape Carport C 1,317 $299 $900 $99,900 SOLD
1316 2 2 1 landscape Carport C 1,317 $299 $900 $99,900 SOLD
1317 2 2 1 landscape Carport I 1,317 $299 $900 $99,900 SOLD
1322 2 2 2 landscape Carport C 1,317 $299 $900 $99,900 SOLD
1323 2 2 2 landscape Carport C 1,317 $299 $900 $99,900 SOLD
1326 2 2 2 landscape Carport C 1,317 $299 $900 $99,900 SOLD
1327 2 2 2 landscape Carport I 1,317 $299 $900 $99,900 SOLD
1412 2 2 1 landscape Carport C 1,317 $299 $900 $99,900 SOLD
1413 2 2 1 landscape Carport C 1,317 $299 $900 $99,900 SOLD
1416 2 2 1 landscape Carport C 1,317 $299 $900 $99,900 SOLD
1417 2 2 1 landscape Carport C 1,317 $299 $900 $99,900 SOLD
1422 2 2 2 landscape Carport C 1,317 $299 $900 $99,900 SOLD
1426 2 2 2 landscape Carport C 1,317 $299 $900 $99,900 SOLD
1311 3 2 1 landscape Carport I 1,548 $299 $1,000 $119,900 SOLD
1314 3 2 1 landscape Carport I 1,548 $299 $1,000 $119,900 SOLD
1315 3 2 1 landscape Carport I 1,548 $299 $1,000 $119,900 SOLD
1318 3 2 1 landscape Carport I 1,548 $299 $1,000 $119,900 SOLD
1321 3 2 2 landscape Carport I 1,548 $299 $1,000 $119,900 SOLD
1324 3 2 2 landscape Carport I 1,548 $299 $1,000 $119,900 SOLD
1325 3 2 2 landscape Carport I 1,548 $299 $1,000 $119,900 SOLD
1328 3 2 2 landscape Carport I 1,548 $299 $1,000 $119,900 SOLD
1411 3 2 1 landscape Carport I 1,548 $299 $1,000 $119,900 SOLD
1414 3 2 1 landscape Carport I 1548 $299 $1,000 $119,900 SOLD
1418 3 2 1 landscape Carport I 1,548 $299 $1,000 $119,900 SOLD
1421 3 2 2 landscape Carport I 1,548 $299 $1,000 $119,900 SOLD
1424 3 2 2 landscape Carport I 1,548 $299 $1,000 $119,900 SOLD
1425 3 2 2 landscape Carport I 1,548 $299 $1,000 $119,900 SOLD
1428 3 2 2 landscape Carport I 1,548 $299 $1,000 $119,900 SOLD
113 2 2 1 preserve Garage C 1,317 $299 $925 $123,900 SOLD
116 2 2 1 preserve Garage C 1,317 $299 $925 $123,900 SOLD
117 2 2 1 preserve Garage C 1,317 $299 $925 $123,900 SOLD
122 2 2 2 preserve Garage C 1,317 $299 $925 $123,900 SOLD
126 2 2 2 preserve Garage C 1,317 $299 $925 $123,900 SOLD
127 2 2 2 preserve Garage C 1,317 $299 $925 $123,900 SOLD
1022 2 2 2 water Garage C 1,317 $299 $950 $129,900 SOLD
1023 2 2 2 water Garage C 1,317 $299 $950 $120,000 SOLD
1025 2 2 2 water Garage C 1,317 $299 $950 $129,900 SOLD
1123 2 2 2 water Garage I 1,317 $299 $950 $129,900 SOLD
1125 2 2 2 water Garage I 1,317 $299 $950 $129,900 SOLD
1126 2 2 2 water Garage C 1,317 $299 $950 $129,900 SOLD
1127 2 2 2 water Garage C 1,317 $299 $950 $129,900 SOLD
111 3 2 1 preserve Garage C 1,548 $299 $1,025 $132,000 SOLD
115 3 2 1 preserve Garage C 1,548 $299 $1,025 $142,900 SOLD
118 3 2 1 preserve Garage I 1,548 $299 $1,025 $142,900 SOLD
1011 3 2 1 water Garage C 1,548 $299 $1,025 $154,900
1012 2 2 1 water Garage C 1,317 $299 $950 $145,900
1021 3 2 2 water Garage I 1,548 $299 $1,050 $154,900 PENDING





















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

Thursday, January 6, 2011

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