Florida - 32 Units Multifamily - Bargain Deal - Priced to Sell ($975,000) - Open Now.

Tremendously Reduced In Price To Sell Fast! - Florida - 32 Units Multifamily - Bargain Deal - Priced to Sell ($975,000) - Open Now

This Off Market 32 Unit Multi-Family Asset Located in Canal Point, Florida
Reduced Priced, Fix Up, Value Add, Serious Future Income When Stabilized.

Greatly Reduced Purchase Price Which Is Firm Per The Seller Is $975,000 Plus 5%
(This Asset, Price Was $1,150,000)

This 32 Unit Multi-Family Asset With Some Minor Fix Up On Most And Full Re-hab On 6 Units.

This Is Four Parcels That Have About 30% Occupancy. This Is Not, Emphasize Not A Cap Rate Or NOI Sale. This Is A Buy Fix Up, Rent Up & Up Your Bank Account Sale In The Four Parcels, There Are Two Buildings, One Is A Two Story Building, 12 Units (All 2/1) & 4 Duplexes (All 2/1),That Makes 20 Units-----Then------
Building Two Is Also Two Stories, One Six-plex, One 4-plex And One Duplex For Twelve More Units And All Of The Units Are 1 Bedroom/1 Bath

The NOI Proforma Upon The Asset Being Stabilized Is Over $150,000....The Cap Rate Upon Stabilization Would Be In Excess Of 15%...These Just Needs A Bit Of Spit & Polish

Built In 1960 This Is A C Class Asset........There Is 1.6 Acres.......The Seller Has Greatly Renovated This Asset In 2015

These properties are available as at today, but cannot guarantee availability anytime after.

DISCLAIMER: Sender is NOT a United States (nor Canadian) Securities Dealer or Broker. Sender makes no warranties or representations as to the Buyer, Seller or Transaction. All due diligence is the responsibility of the Buyer and Seller, lender or borrower. This E-mail letter and the attached related documents are never to be considered a solicitation for any purpose

Posted Sep 23, 2016

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