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All Forum Posts by: Kenneth Knight

Kenneth Knight has started 11 posts and replied 24 times.

Post: Condos In Delaware

Kenneth KnightPosted
  • Wholesaler
  • Willingboro, NJ
  • Posts 24
  • Votes 0

@Pete T were there any further questions you may have about this deal?

Post: Condos In Delaware

Kenneth KnightPosted
  • Wholesaler
  • Willingboro, NJ
  • Posts 24
  • Votes 0

Hi Pete, 

Here are a few more details for you. 

Bldg Size: Appx 40,000 sf

Each Condo Size: 8(1100+ sf),  28(1600+ sf) 

Lot Size 52,000 sf

Location of Condos: Millsboro, DE

Contact me if you have further questions. 

Thank you, 

Kenneth Knight 

Post: Condos In Delaware

Kenneth KnightPosted
  • Wholesaler
  • Willingboro, NJ
  • Posts 24
  • Votes 0

Hi Mr Holdman, thanks for the response. I'm helping to look for an investor for the condos. There are a total of 36 condos, 12 of them are already rented out. 

Post: Condos In Delaware

Kenneth KnightPosted
  • Wholesaler
  • Willingboro, NJ
  • Posts 24
  • Votes 0

Hi, my name is Kenneth and I have a huge deal that I've come across and need help with. I will provide some info. 

36 new condos

12 units in 3 bldgs

Gated area

All are 2 bds/2bth

Central air

2 car garage with storage room

Built in 2007

Valued at $6.9m

12 of the units are currently being rented for $1400

Taxes, insurance and maintenance and expenses cost appx $20,000/year

I'm not sure where to start at please help!

Kenneth Knight