All Forum Posts by: Damion York

I have commercial buyers interested in off market properties including retail, mixed use, flex, office, shopping centers, senior living, industrial, hotels, apartments and multi-family opportunities ranging from 2-100M+.

[email protected]

Are you interested in commercial in Salt Lake City...flex, multi-family, industrial, apartments, hotels, office? 

Class A,B

10-20M range

I'm direct to the buyer

Are any of clients looking to sale? I'm interested in large SFR portfolios and any apartment 85 units and up...bigger the better. Thanks

Do you have connections in Seattle, Portland, Denver or Salt Lake city? I have investors interested in multi-family, apartments, SFR portfolios

Do you have properties in Seattle, Portland, Denver or Salt Lake City?  I have buyers.  Email [email protected]

5045 N 56th St Milwaukee, WI 53218

4 bed, 1.5 bath, detached garage, 1,164 sq ft, built 1928.

Zillow

Trulia

Interior Video Walk-Through 1

Interior Video Walk-Through 2

Exterior Video Walk-Through

Price: $42,500

Rehab: $26,500

Costs to Carry: $1,000

Closing Costs: $2,000

Total Project Expected: $72,000

ARV: $74,015

Rental Projections

Monthly Rent: $1,050

Taxes: $114

Management: $84

Vacancy reserve: $53

Insurance: $80

Maintenance reserve: $53

Net: $666

Monthly x 12: $7,998

Strictly Cash on Cash ROI: 12.96%

Financed/Refinanced 80%

20% Down Payment: $13,600

Loan payment @ 20% down 5.5% Am. Over 20: $374

Cash on Cash ROI of 20% Down: 25.7%

Comps

5075 N 56th Street. Sold 3/15 $74,000. ($72.98/sqft)

4BR/2BA, 1200 sqft

detached garage, frame, built 1951

no interior pictures available

210 feet away

4872 N 55th Street. Sold 3/15 $74,000. ($72.98/sqft)

4BR/1BA, 1014 sqft

detached garage, frame, built 1953

non MLS sale, no pictures available

.3 miles away

4921 N 56th Street. Sold 10/14 $67,000. ($51.11/sqft)

4BR/1.5BA, 1311 sqft

detached garage, frame, built 1964

rental grade updates throughout

.2 miles away

• Manufactured housing communities with a minimum of 200 home sites located near metropolitan areas with a population of at least 100,000
• RV resorts and campgrounds located in destination resort areas within a two hour drive of major population centers
• All age, family-oriented and retirement communities/resorts
• Manufactured housing site sizes of 50’ x 100’ or greater
• Both RV resorts and campgrounds with 50% or greater annual leases, as well as more transient campgrounds with stable revenue trends
• Local market areas with vacancy of less than 20%
• Minimum rent growth potential of 3% per annum
• Public utilities preferred
• Expansion potential a plus

5 beds 6 baths 5,743 sqft

Single Family
Built in 2014

Barbecue
Cable Ready
Ceiling Fan
Fenced Yard
Fireplace
Flooring: Carpet, Hardwood
Hot Tub/Spa
Lawn
Parking: Garage - Attached, 3 spaces
Patio
Pool
Porch
Security System
View: Water

Waterfront

Email for pictures - [email protected]

I'm virtual but I network with people who live and work in the community to get the most accurate numbers.  Thanks.

2525 Crestview Dr. Bettendorf IA

Great Area!!! Bettendorf School District-Absolute best school district in the Quad Cities and highly sought after!!

3 bed, 1 bath, 2 car garage, 1053 sqft, built 1961. Closing date: 11/19/15

Zillow

Trulia

Pictures

Scope of Work

Price: $79,000

Rehab: $25,000

Carrying Costs: $1,000

Closing Costs: $2,000

Total Turnkey Price: $107,000

ARV: $120,000

Rental Projections

Monthly Rent: $1150

Taxes: $170

Management: $92

Vacancy Reserve: $58

Insurance: $113

Maintenance Reserve: $58

Net: $660

Monthly x 12: $7,919

Strictly Cash on Cash ROI: 7.61%

Financed/Refinanced 80%

Down Payment: $20,800

Mortgage Interest Rate: 5%

Mortgage Amortization: 25

Mortgage Monthly Payment: $486.38

Net Cash Flow Less Mortgage: $173.56

Net Net x 12: $2,083

Financed Cash on Cash ROI: 10.01%

Comps

2525 Cypress Dr Sold 101K 5/15 (94.13)

3/1 1073 sqft

Ranch frame built 1960

1 car att/no basement

.3 miles away

3028 Welshire Dr Sold 127K 3/15 (110.24)

3/1 1152 sqft

Ranch Frame built 1962

2 car detached/no basement

.5 miles away

1012 Summit Hills drive Sold 128K 5/15 (109.40)

3/1 1170 sqft

Ranch frame built 1964

2 car att/full basement

.4 miles away

Comps on a Map: