Two Lots For Your Dream Homes In College Park!!

[Foster Algier]

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

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Shady Lane Drive, Orlando, FL 32804

INVESTMENT: $325,000

ARV: $225-260/SqFt +/-

ARV/Rent Rehab: $95/SqFt +/-

Rent: $1,700-1,900/month +/-

TBD Bedrooms TBD Bath

TBD SqFt

Built: TBD

Construction: TBD

HOA: $0/mo

The house sits on a large lot which is already in the process of being split. The seller has submitted plans to the City to tear down the house, split the lot, and build 2 new houses. The municipal planning board has agree to the split...they will recommend to the City Council to sign off on it at their next meeting on June 19, 2017.

The seller will hand over the plans for the 2 new houses and they are builders and they can handle the building aspect if you choose.

Single lots in College Park sell for $200-225K/lot +/-. With this deal you can own 2 lots for $325K!!.

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services