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Updated over 8 years ago,

User Stats

229
Posts
15
Votes
Jensen Jeune
  • Investor
  • Everett, MA
15
Votes |
229
Posts

OFF MARKET - MULTI-UNIT LISTINGS - FLORIDA

Jensen Jeune
  • Investor
  • Everett, MA
Posted

OFF MARKET

8 WATER FRONT UNITS

NE 171 ST NORTH MIAMI BEACH, FL

ASKING $1,000,000

40 YEAR RECERTIFICATION

NEW ROOF

HURRICANE IMPACT WINDOWS

100% OCCUPIED

LONG TERM TENANTS

TURN KEY CONDITION

NOI: $70,000

CAP RATE: 7%

___________________________________________________

PALM SPRINGS, FL. 33461

Asking $489,900

* 14 Unit Multi Family CBS/Wood Frame.

* 1) Main House 2/1 + Car garage rented $1050.

2) 1/1 rented for $730.

3) 1/1 rented for $730.

4) Unit burned down.

5) 1/1 vacant.

6) 1/1 vacant.

7) 1/1 rented for $730.

8) 1/1 rented for $750.

9) 1/1 vacant.

10) 1/1 rented for $850.

11) 1/1 (bigger) rented for $975.

12) Unit burned down.

13) 1/1 rented for $875 (separate building).

14) 1/1 rented for $950 (separate building).

* Property 7,175 Sq. Ft. - Lot size 41,187 Sq. Ft. - Built in 1947.

* Needs some updating, and TLC.

* Solid structures, good tenants, much potential.

* Taxes $12,078 for 2015.

* Rental income at 100% capacity is $8,350.

* We are requesting highest and best offer and will make a final decision by 9/26.

_____________________________________________

OFF MARKET

AVON PARK, FL.

ASKING: $359,500 + FEES

RENTAL INCOME PORTFOLIO

THE UNITS

● 800 sqft each unit, 9 total units in this portfolio.

● All units are identical 2bd, 1 bath

● CBS, Built in 1974

● Pitched, shingle roofs

● Central A/C units.

● Fully equipped kitchens including Microwave and Dishwasher.

● All units have storage room and hookup for washer/dryer

THE TERMS

Cash Buyers Only

5% Escrow Deposit Required

Inspection Period 3 Weekdays only

Fast Closings Only

Amenities:

Ample Pool deck, Community room, Shuffleboard court, Basketball court, Security gate, Coin laundry, leasing office.

All buildings are duplexes with parking located inside a tranquil and secure gated community withHOA in Avon Park, FL - a strong snowbird and retiree rental area.

_____________________________________________________________

Hollywood, FL 33023

Only $599,000

* 8 Unit Multi Family CBS Property.

4 x 1/1 apartments

3 x Studio's

1 x 2/1

1 Laundry room

* House 4,311 Sq. Ft. - Lot size 7,682 Sq. Ft. - Built in 1941.

* Partially remodeled, new bathroom tile, new paint, impact windows, and wood floors.

* Units still need finishes, electrical, and kitchens. Many materials in place could be used.

* Great area in the heart of Hollywood.

* Taxes $11,026 for 2015.

* Pending Comp is selling for $850k.

* Rental Potential over $8,000 a month.

* 4 x 1/1 apartments could rent for $1,000.

3 x Studio's could rent for $800.

1 x 2/1 apartment could rent $1350.

Laundry room: $400

* All units are vacant.

______________________________________________

OFF MARKET

SELLER FINANCING

5-PLEX IN LITTLE HAVANA

ASKING $475,000 + 3%

NW 1 STREET MIAMI, FL. 33125

1)3/4 rent for $1,485 ($1,070 deposit )

2)1/1 rent for $632 ($435 deposit )

3)2/1 rent for $935 ($850 deposit )

4)1/1 rent for $650 ($550 deposit )

5)1/1 rent for $$750 ($750 deposit )

CAP RATE 7%

=====================================================

OFF MARKET - MULTI-UNIT LISTING - PALM SPRINGS, FL NOI: $100,200

ASKING: $489,900

* We are requesting highest and best offer and will make a final decision by 9/26.

14 Unit Multi Family CBS/Wood Frame.

1) Main House 2/1 + Car garage rented $1050.

2) 1/1 rented for $730.

3) 1/1 rented for $730.

4) Unit burned down.

5) 1/1 vacant.

6) 1/1 vacant.

7) 1/1 rented for $730.

8) 1/1 rented for $750.

9) 1/1 vacant.

10) 1/1 rented for $850.

11) 1/1 (bigger) rented for $975.

12) Unit burned down.

13) 1/1 rented for $875 (separate building).

14) 1/1 rented for $950 (separate building).

* Property 7,175 Sq. Ft. - Lot size 41,187 Sq. Ft. - Built in 1947.

* Needs some updating, and TLC.

* Solid structures, good tenants, much potential.

* Taxes $12,078 for 2015.

* Rental income at 100% capacity is $8,350.

=====================================================

OFF MARKET - MULTI-UNIT LISTING - AVON PARK, FL. - CAP: 10%

OFF MARKET

AVON PARK, FL.

RENTAL INCOME PORTFOLIO

ASKING: $359,500 + FEES

CAP: 10%

NOI: $30,843

Expenses: $32,457

Cash Buyers Only

5% Escrow Deposit Required

Inspection Period 3 Weekdays only

Fast Closings Only

THE UNITS

● 800 sqft each unit, 9 total units in this portfolio.

● All units are identical 2bd, 1 bath

● CBS, Built in 1974

● Pitched, shingle roofs

● Central A/C units.

● Fully equipped kitchens including Microwave and Dishwasher.

● All units have storage room and hookup for washer/dryer

This portfolio of 9 fully rented, income producing properties offer an investor the opportunity to buy a turn key asset with a very small amount of capital. The properties are well maintained and will be sold with clear and marketable tile. This package offers any level of investors the opportunity to pick up an asset where you simply close on it and start collecting income. There are no violations or permit issues with these assets. This property has been running itself with little or no management what so ever. A package like this will certainly sell fast so please move quickly. I have a complete file with pictures and numbers related to income and expenses.

=====================================================

LITTLE HAVANA

MIAMI, FL.

7 RENTAL UNITS

NEEDS A LITTLE WORK

TIME FOR CONSTRUCTION: 3 MONTHS

PERMITS APPROVED: SEPT., 2016

CONSTRUCTION TO BE FINISHED: DEC., 2016

YOU CAN USE OUR GENERAL CONTRACTOR

START RENTING: JAN., 2017

ANNUAL RENT PER FORMA: $83,244

TOTAL COST $565,000

PURCHASE PRICE $445,000

CONSTRUCTION COSTS $120,000

THINK OF IT AS A BRAND NEW CONSTRUCTED ASSET

=====================================================

LITTLE HAVANA INCOME PRODUCING

RENTED AS 4 1/1'S

100% OCCUPIED

1,985 SQ FT

ANNUAL RENTS $51,600

LOW OVER HEAD

LONG TIME TENANTS

RENTING MONTH TO MONTH

PURCHASE PRICE $400,000

=====================================================

An NCND/MFA with a Biography, non-binding Letter of Intent and/or non-invasive Proof of Funds (2 of 3 will be sufficient) the prerequisites that need to be submitted in order for additional details to be released to prospective clients

Offering

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