All Forum Posts by: Jim Park

4 NEW CONSTRUCTION DUPLEXES in Ocala, Florida available for the Right Investor!This opportunity is not for everyone, but we are offering a package of 4 Duplexes per launch. Here are the numbers:Sale Price: $1,950,000

• 8 Doors / 12 Bedrooms / 8 Baths
• 9,720 Total Heated Square Ft.

Performa Income and Expenses:

• $163,200 Annual Gross Rents
• $138,700 NOI
• 7% Cap Rate
  

Why Invest In New Construction Duplexes in Ocala, FL?

• New Construction Duplexes are low maintenance and higher ROI compared to Single Family Residences.
• New Construction Duplexes are versatile with cash flow when buy and hold.
• Equity growth and versatility to sell individual Duplexes to end buyers and scale accordingly.
  

As of March 2024, Ocala's metropolitan area was the fourth-fastest growing in the Nation per the US Census Bureau.

• Ocala's growth rate is outpacing both the state of Florida and the country as a whole.
• Future projections: Ocala's population is projected to reach 724,000 by 2040
• Veteran-Friendly Area: Ocala has a significant VA population and robust support services, including healthcare facilities and community resources tailored for veterans. This makes Ocala an appealing location for Veterans as Tenants or an affordable option as an end buyer.

This opportunity is not for everyone, but if you fit the following qualifications, this is great opportunity for you:

• Cash Buyer (1031 exchange or Liquid Cash)
• Proof of Funds Required With Offer
• Ability To Close in 10 day

If You're The Right Investor For This Great Opportunity, then reachout for more information.  

PROPERTY INFO

@lisa  I have a loan product that doesn't require any income verification so you won't have any debt-income ratio issues. This cashout refinance is available for your rental property.  This is not a hard money loan so the rates are good in the 5%-6% range with a 14 day close.  This is a good strategy because if you sell your property you may have to pay capital gains tax.  I'm sure your accountant can verify that.  Reach out and I can give you all the details.  Jim

@Lisa Slussundefined