Feb 242009

Partner Opportunity

!!WILL PAY $10K TO FIND BUYER!!

Summary:

  • 15 Unit Condo Package in Naples, FL, located within an Exclusive Golf Community @ $99,334 a door!!
  • 9 – 3bdr/2bth units
    • Market Value: $360,000.00 (HAVE APPRAISALS!!)
    • PRICE SLASHED TO $99,334 A DOOR!
    • Estimated monthly rental $1,500.00
  • 6 – 2bdr/2bth units
    • Market Value $320,000.00 (HAVE APPRAISALS!!)
    • PRICE SLASHED TO $99,334 A DOOR!
    • Estimated monthly rental: $1,200.00
  • Rental Company on site can rent units within 30 days/excluding these units, development is currently at almost 100% occupancy!
  • There are a total of 322 units in the development, excluding our 15, there are only 4 vacant units (which are not up for rental). The rental company states that he has a waiting list for the rentals when they become available! This a cash cow from the start!

Total Package Price is $1,490,000 FOR ALL 15 UNITS!!!

Email LOI and POFs to connect with seller mandate

fp - club house.jpg FP.jpg

4 Responses to “15 Unit Condo Package in Naples, FL for $99K a Door!”

  1. Joseph Issa says:

    Could you please send me more information & Arial map if possible.
    Thank you.
    Joseph

  2. Roger Salvati says:

    Abdul

    Is this an all cash deal? If so, we could get you $90K per door max, excluding what due diligence uncovers. Please let me know and I will email LOI and POF.

  3. Tom Kaplan says:

    - What are taxes and association fees per unit?
    - Does the onsite rental agent rent by the month or by the week? Does rental agent also manage rental properties? How much do they charge?
    - When was the development built?

  4. glenn harris says:

    David Keffler referred me to you. I may be interested in this investment.

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